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Margaret Thatcher in her Prime: You don’t grow richer by ordering another chequebook from the Bank.

Tom Winnifrith
Monday 3 December 2012

Memo to Ed Balls & George Osborne: watch and listen to this inspiring video of Margaret Thatcher at the 1983 Conservative Conference: “Someone has to add up the figures, every business has to do it, every housewife has to do it, every Government should do it and this one will.”

“There is no such thing as public money. There is only taxpayers money”

Sadly a lesson lost on Balls & Osborne.

“The state has no other source of money other than money that people earn themselves”

“Prosperity won’t come by inventing more and more lavish public expenditure programmes”

“You don’t grow richer by ordering another chequebook from the Bank”

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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