Having your fiscal house in order and having a more manageable macro-economic future is going to be very useful in creating growth.
Fareed Zakaria
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The Republican argument that raising the debt ceiling encourages additional future spending is logically irresponsible. The debt ceiling has to be raised to authorize spending already approved by Congress. Despite that fallacy, the GOP has been able to score political points with its argument. -
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More quotes by Fareed Zakaria
- Americans have so far put up with inequality because they felt they could change their status. They didn't mind others being rich, as long as they had a path to move up as well. The American Dream is all about social mobility in a sense - the idea that anyone can make it.
- The technological revolution at home makes it much easier for computers to do our work.
- America's growth historically has been fueled mostly by investment, education, productivity, innovation and immigration. The one thing that doesn't seem to have anything to do with America's growth rate is a brutal work schedule.
- I enjoy writing but I much prefer the experience of having written.
- Having your fiscal house in order and having a more manageable macro-economic future is going to be very useful in creating growth.