Mr. Symington contended that it was erroneous to economize on military spending if that brought the risk of defeat on the battlefield, and he liked to ask, "What the hell good is it to be the richest man in the graveyard?" He resigned as Secretary when his views did not prevail in the Truman Administration.
Further, government must economize on its spending, keep taxes light, and pay its debts in full (and on time), while seeking to reduce debt; finally, it must ensure a sound and stable (gold) money, and never surreptitiously inflate away its debts by printing debased paper money.
A tax reduction should be "earned by the kind of real economizing in Federal spending that would be possible if the effort were sincere". Speech at Economics Club dinner, New York City, Jan . 15 , 1964commenting on Administration tax bill.
Some experts point to the Great Recession, which, they say, forced Americans to economize on health-care spending as well as everything else.
So Cody decided to economize and reduce that spending, relying instead upon his name and fame to fill the seats.
He said something to the effect of, "If the money we economize on tax proceeds and spending can be spent on interest, it's clear that the country can neither carry out a fiscal adjustment or have any benefit".
That is, they have enabled recession-hit consumers to economize (do less and spend less), become more efficient (do the same for less), or become more effective (do more but spend no more).
As families try to economize on funerals, fewer people spend money on limousines.
Mr. Nordmark said that his company had tried to economize from the start, while other companies spent their venture capital and stock money wildly.
Markets are places where people make choices like to economize and live in a smaller unit or spend more for housing to get rid of a car and live close to transit.
Critics of the latest defense spending increase should push for reorganizing and economizing at the Pentagon.
