I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they otherwise would be and frees savings to finance increases in the capital stock, thereby boosting productivity and real incomes.
"My comfort is," said Susan, looking back at Mr. Dombey, "that I have told a piece of truth this day which ought to have been told long before and can't be told too often or too plain..."
As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can be made from buying and reselling such businesses, or from skilled investment in marketable securities. Nevertheless, they offer a pleasant long term form of activity (when conducted in conjunction with high grade, able people) at satisfactory rates of return.
The people who have adored me-- there have not been very many, but there have been some-- have always insisted on living on, long after I had ceased to care for them, or they to care for me.
When he whom I love travels with me or sits a long while holding me by the hand, … Then I am charged with untold and untellable wisdom, I am silent, I require nothing further, I cannot answer the question of appearances or that of identity beyond the grave, But I walk or sit indifferent, I am satisfied, He ahold of my hand has completely satisfied me.
For too long, many nations, including my own, tolerated, even excused, oppression in the Middle East in the name of stability. Oppression became common, but stability never arrived. We must take a different approach. We must help the reformers of the Middle East as they work for freedom, and strive to build a community of peaceful, democratic nations.