“The United States basically accepted protection abroad as the price of post-war recovery. Now, that these countries have caught up to our level of prosperity, it is time for them to catch up to our level of openness.” WarCountryStatesLevelsUnitedUnited StatesCaughtProsperityProtectionAcceptedRecoveryPostsOpennessCaught UpPost War Author:Lawrence Summers
“Few, as I have said, are the humorists who can induce this state. To master and dissolve us, to give us the joy of being worn down and tired out with laughter, is a success to be won by no man save in virtue of a rare staying-power. Laughter becomes extreme only if it be consecutive. There must be no pauses for recovery. Touch-and-go humour, however happy, is not enough. The jester must be able to grapple his theme and hang on to it, twisting it this way and that, and making it yield magically all manner of strange and precious things.” IfsMenWayGivingSaidStatesEnoughAbleJoyVirtueHumourStrangeMastersLaughterDown AndTiredExtremesRecoveryThemeStayingYieldWornPausesHumoristsPrecious ThingsJesterConsecutiveStaying Power Book:And Even Now Source: And Even Now
“As the United States continues its slow but steady recovery from the depths of the financial crisis, nobody actually wants a massive austerity package to shock the economy back into recession, and so the odds have always been high that the game of budgetary chicken will stop short of disaster. Looming past the cliff, however, is a deep chasm that poses a much greater challenge -- the retooling of the country's economy, society, and government necessary for the United States to perform effectively in the twenty-first century.” WantFirstsCountryStatesGovernmentPastGamesChallengesUnitedUnited StatesEconomyGreaterCenturyTwentiesCrisisDepthFinancialDisasterRecoveryShockMassiveChickensSteadyOddsPackagesCliffsRecessionsFinancial CrisisChasmsAusterityLooming Author:Fareed Zakaria