A Nation Cannot Tax Itself into Prosperity…
“I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.” Did Churchill say this? Can’t find it in your bible. Hope he did! —A.R., New York City
The first words were “We contend…” but indeed he did—and he liked that “bucket” crack so much that he used it five times. The first two appearances are in Robert Rhodes James, ed., Winston S. Churchill: His Complete Speeches 1897-1963 (New York, Bowker, 1974, 8 vols.)…
It is the theory of the Protectionist that imports are an evil.…