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Quote by Molly Ivins

“Economist Frederick Thayer has studied the history of our balanced-budget crusades and has come up with some depressing statistics. We have had six major depressions in our history (1819, 1837, 1857, 1873, 1893 and 1929); all six of them followed sustained periods of reducing the national debt. We have had almost chronic deficits since the 1930s, and there has been no depression since then - the longest crash-free period in our history.”

Quote by Molly Ivins

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Molly Ivins
Molly Ivins

Molly Ivins was a prominent American columnist, born on August 30, 1944, and passed away on January 31, 2007. Known for her sharp wit and humorous style, she wrote columns for publications such as The Houston Chronicle and The New Yorker. more

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