“We should balance the budget. If government programs are important enough, we need to pay for them with taxes or make cuts in lesser programs. We've lost that discipline entirely. It seems prudent to avoid the possibility that the people who own our debt will start to worry the U.S. won't pay. That would raise how much it would cost the U.S. to borrow, which in a national emergency, like a war or pandemic, could be critical.” PeopleImportantWarEnoughWorryCuttingPossibilityBalanceDisciplineTaxesProgram Author:Robert J. Samuelson
“At every stage since World War II, people have assumed that what's happening today will happen forever. Universally, that's been wrong. I can't say in which direction but I do think that what we expect today won't be what we'll get in 15 years.” PeopleThinkingWorldWarTodayForeverWar Of The WorldsWorld War IiWorld War I Author:Robert J. Samuelson