Margaret Thatcher — "The government has no source of money other than the money people earn themselve…"
The government has no source of money other than the money people earn themselves. If government wants to spend more, it can only do so by borrowing your savings or by taxing you more. And it's no good thinking that someone else will pay. That someone else is you. There is no such thing as public money; there is only taxpayers' money.
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British Prime Minister (1979-1990) whose free-market reforms and confrontation with trade unions defined the late-20th-century right.
Closely associated with
Ronald Reagan (her closest international ally).
For an intellectual contrast, see
Tony Benn, Labour cabinet minister and democratic-socialist figurehead — Benn was the loudest parliamentary opposition to Thatcherism throughout the 1980s. His diaries and Thatcher's autobiography are the two opposing histories of the period — Britain's class politics is structured around which view was right.