“Cold-turkey deficit reduction would cause a significant recession. A recent analysis by the Congressional Budget Office estimated that going headlong over the cliff would cause our gross domestic product, which has been growing at an annual rate of around 2 percent, to fall at a rate of 2.9 percent in the first half of 2013.” FirstsHas BeensFallCausesHalfGrowingProductsColdOfficePercentRateSignificantBudgetsAnalysisGrossDeficitTurkeysCliffsReductionRecessionsAnnualsGross Domestic ProductCold Turkey Author:Christina Romer
“Fantasy is a product of thought, Imagination of sensibility. If the thinking, discursive mind turns to speculation, the result isFantasy; if, however, the sensitive, intuitive mind turns to speculation, the result is Imagination. Fantasy may be visionary, but it is cold and logical. Imagination is sensuous and instinctive. Both have form, but the form of Fantasy is analogous to Exposition, that of Imagination to Narrative.” IfsThinkingMindMayFormTurnsImaginationResultsFantasyProductsColdNarrativeSensitiveLogicalSensibilitySpeculationIntuitiveVisionariesSensuous Author:Herbert Read
“The two-war strategy was a product of the cold war, when we had to have the ability to fight the Russians on the plains of Europe and fight the Chinese on the Korean peninsula at the same time. That costs an awful lot of money.” TwoWarFightingAbilityProductsColdCostEuropeStrategyAwfulChineseLots Of MoneyCold WarKoreanWar StrategyPeninsulas Author:Joe Klein
“You can get an ice-cold Coke for around fifty cents in most developing countries, not just in the major population centers, but at the most remote and surprising places. The logistical challenges to resupplying all these outlets are enormous - and yet, the entire system works with incredible efficiency as is confirmed by the price of the product.” CountryChallengesProductsColdMajorsIncrediblesPopulationEnormousIceDevelopingFiftySurprisingCentsEfficiencyOutletsCokeDeveloping Countries Author:Thomas Pogge