“The unique danger today is the possibility that we may face longer-term stagnation as a consequence of relying too heavily on borrowed money.”
Mortimer Zuckerman
Tags: Borrowed | Consequence | Danger | Face | Heavily | May | Money | Possibility | Relying | Stagnation | Today | Too | Unique
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Mortimer Zuckerman
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Americans cannot maintain their essential faith in government if there are two Americas, in which the private sector's work subsidizes the disproportionate benefits of this new public sector elite.
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These days the American dream of home ownership has turned into a nightmare for millions of families. They wake every day to the reality of a horrible decline in the value of the home that has meant so much to them.
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Millions of public workers have become a kind of privileged new class - a new elite, who live better than their private sector counterparts. Public servants have become the public's masters. No wonder the public is upset.
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