Macroeconomic stability will be more elusive and that will affect all of our lives: from the risks many will face in childhood, to the security of employment at working age, to the challenge of accumulating for retirement. More financial instability will introduce more uncertainty all down the line, and that will be a very different world than the one we would have lived in only a couple of decades ago.
The keys of a fortress are always well worth the retirement of the garrison when it is resolved to yield only on those conditions. On this principle it is always wiser to grant an honorable capitulation to a garrison which has made a vigorous resistance than to risk an assault.
It's a generational project just to get America to live up fully to its ideals and to have the kind of society where everybody has a shot, and every kid is getting a good education, and people are getting living wages, and they have decent retirement.
If you're willing to put in the work, the idea is that you should be able to raise a family and own a home, not go bankrupt because you got sick, 'cause you've got some health insurance that helps you deal with those difficult times; that you can send your kids to college; that you can put some money away for retirement. That's all most people want. Folks don't have unrealistic ambitions. They do believe that if they work hard, they should be able to achieve that small measure of an American dream.
A careful physician . . . before he attempts to administer a remedy to his patient, must investigate not only the malady of the man he wishes to cure, but also his habits when in health, and his physical constitution.
I have enjoyed greatly the second blooming that comes when you finish the life of the emotions and of personal relations; and suddenly find - at the age of fifty, say - that a whole new life has opened before you, filled with things you can think about, study, or read about...It is as if a fresh sap of ideas and thoughts was rising in you.
This is the defining issue of our time. This is a make-or-break moment for the middle class and for all those who are fighting to get into the middle class.