from The American Heritage® Dictionary of the English Language, 4th Edition
- adj. Unwise in dealing with large sums of money or large matters.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- adj. Being unwise in dealing with large amounts of money.
from The Century Dictionary and Cyclopedia
- Neglecting the care of large sums or concerns in attending to little ones: used only in the phrase penny-wise and pound-foolish. See penny-wise.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- adj. unwise in dealing with large sums
One could go on, but the important lesson to remember for would-be reformers is that in their zeal to cull waste and limit the scope of the federal government, they don't get caught up being "penny-wise, pound-foolish."
If the governors really want to look out for the financial best interests of their constituents, it's time to stop making penny-wise, pound-foolish choices, and make the critical investments that will pay off for their states over the long term.
It would be so penny-wise, pound-foolish it would be ridiculous, said the banker.
More important, some of the cuts were pennywise and pound-foolish, at least when it comes to protecting the environment, public health and the economy.
Withdrawal is a penny-wise but pound-foolish approach to an enduring national security problem.
Fiscal responsibility requires a long-term economic growth strategy, and cutting in areas like technology and infrastructure is penny-wise but pound-foolish.
This penny-foolish, pound-foolish maneuver cut muscle from vital public health efforts and left a huge chunk of budgetary fat untouched.
Restore and strengthen the federal productivity measures—starting with basic ones, such as money orders sold by the postal service, or cases of diabetes prevented by early-intervention programs of the Health and Human Services Department—that were abolished during the 1994 budget crisis in a penny-wise, pound-foolish purge of small-scale programs.
This really is the epitome of penny-wise and pound-foolish, but I knew it was coming.
Their complaint that we cannot afford to spend an additional $7 billion over five years to upgrade school lunch menus by requiring more fruits, vegetables, whole grains, and low fat dairy is a classic case of "penny-wise, pound-foolish."