magic money tree

Imaginary funding source

A magic money tree is a fictional source of unlimited funds, invoked sarcastically to dismiss spending proposals as unrealistic.

The phrase became prominent in British political discourse when used to argue against increased public spending: There is no magic money tree we can shake to pay for this.

It implies that money must come from somewhere—taxes, borrowing, or cuts elsewhere.

Related

castle in the air · too good to be true · gold · smoke and mirrors · alchemy · enchanted · free lunch · blank check · printing press · fiscal policy · quantitative easing · deficit · unrealistic · coins · national budget · public debt · pie in the sky · inflation

Opposites
fiscal realism

magic money treefiscal responsibility

Prudent management of funds

balanced budget · austerity · fiscal discipline · finite resources · budget constraints

economic philosophy

magic money treeausterity measures

Policies reducing government spending

fiscal conservatism · spending cuts · belt-tightening · monetarism · hard money

economic constraint

magic money treescarcity

Insufficiency of something needed

finite resources · budget constraint · trade-offs · opportunity cost · zero-sum

Family

magic, money, tree, magical, magically, magician, mage, moneys, monies

Familiarity
Top 500,000
Profile
Everyday, not technical · Rated G