This is one of Margaret Thatcher’s most famous speeches delivered 10 October 1980 at the Conservative Party Conference, Brighton, England.  Here is an excerpt from here speech but click on the photo below to take you to the site where you can listen in its entirety:

If spending money like water was the answer to our country’s problems, we would have no problems now. Because if ever a nation has spent, spent, spent, and spent again — ours has. And today that dream is over. All that money has got us nowhere, but it still has to come from somewhere. And those who urge us to relax the squeeze, to spend yet more money indiscriminately in the belief that it will help the unemployed and the small business man, they’re not being kind or compassionate or caring; they’re not the friends of the unemployed or the small business; they are asking us to do again the very thing that caused the problems in the first place.