Claim: Margaret Thatcher once said that "The trouble with Socialism is that eventually you run out of other people's money."
Example: [Collected via e-mail, April 2009]
"The trouble with Socialism is that eventually you run out of other people's money" — Margaret Thatcher
Origins: One type of quotation that typically circulates quite widely is one that manages to aptly sum up a common political viewpoint with a single simple sentence. An example of such is the above-listed statement, attributed to former British prime
Although the quote has been simplified a bit, it does essentially reflect a statement made by Margaret Thatcher during an interview with journalist Llew Gardner for Thames Television's This Week program on
A: I would much prefer to bring them down as soon as possible. I think they've made the biggest financial mess that any government's ever made in this country for a very long time, and Socialist governments traditionally do make a financial mess. They always run out of other people's money. It's quite a characteristic of them. They then start to nationalise everything, and people just do not like more and more nationalisation, and they're now trying to control everything by other means. They're progressively reducing the choice available to ordinary people.