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About this quote

What does it mean?
She jokes that the Chancellor is cheap rather than fiscally responsible.
In plain terms
She calls the Chancellor cheap instead of smart with money.
What can you take from it?
Save money without being stingy.

Where it applies

  • political criticism
  • budget meetings
  • economic policy

Putting it to work

  • critique spending
  • focus on value

Questions to consider

  • How to judge a budget?
  • Is frugality good?

Another view

Insults undermine constructive economic debate.

More from Margaret Thatcher

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  2. If a Tory does not believe that private property is one of the main bulwarks of individual freedom, then he had better become a socialist and have done with it.

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  3. In considering our traditional ties with the Commonwealth we should remember that it now differs greatly from the entity which existed 20 or 30 years ago. Many…

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