HERBERT STEIN

If something can’t go on forever, it will stop.

If something is unsustainable and “cannot go on forever”, it tends to stop.

Economists are very good at saying that something cannot go on forever, but not so good at saying when it will stop.

Let’s make this the year where we are either going to get rid of the deficit or get rid of the idea that we are going to get rid of the deficit..

[The Democrats] will say that the Reagan administrtion has given benefits to the rich at the expense of the poor - a term that they define broadly to include middle-income people, women, minorities, the aged, the young, farmers, steelworkers, and others.

If you asked a sample of Americans "What is the temperature of Mars?" about 8% would say they don't know.

Whatever may be the distribution of uncertainty among economists, the public only gets to hear from those who have certain opinions.

For almost 50 years polls have shown that a large majority of the public believe that the budget should be balanced, and for all that time they have elected office seekers who would not balance it. The public cares about deficits, but doesn't care much.

Consumer: A person who is capable of choosing a president but incapable of choosing a bicycle without help from a government agency.

If something is unsustainable and “cannot go on forever”, it tends to stop.

Let’s make this the year where we are either going to get rid of the deficit or get rid of the idea that we are going to get rid of the deficit..

If something can’t go on forever, it will stop.

Economists are very good at saying that something cannot go on forever, but not so good at saying when it will stop.

[The Democrats] will say that the Reagan administrtion has given benefits to the rich at the expense of the poor - a term that they define broadly to include middle-income people, women, minorities, the aged, the young, farmers, steelworkers, and others.

For almost 50 years polls have shown that a large majority of the public believe that the budget should be balanced, and for all that time they have elected office seekers who would not balance it. The public cares about deficits, but doesn't care much.

If you asked a sample of Americans "What is the temperature of Mars?" about 8% would say they don't know.

Whatever may be the distribution of uncertainty among economists, the public only gets to hear from those who have certain opinions.

Consumer: A person who is capable of choosing a president but incapable of choosing a bicycle without help from a government agency.