Economist Frederick Thayer has studied the history of our balanced-budget crusades and has come up with some depressing statistics. We have had six major depressions in our history (1819, 1837, 1857, 1873, 1893 and 1929); all six of them followed sustained periods of reducing the national debt. We have had almost chronic deficits since the 1930s, and there has been no depression since then - the longest crash-free period in our history.
Molly IvinsIt's hard to argue against cynics - they always sound smarter than optimists because they have so much evidence on their side.
Molly IvinsThere are two kinds of humor. One kind that makes us chuckle about our foibles and our shared humanity -- like what Garrison Keillor does. The other kind holds people up to public contempt and ridicule -- that's what I do. Satire is traditionally the weapon of the powerless against the powerful. I only aim at the powerful. When satire is aimed at the powerless, it is not only cruel -- it's vulgar.
Molly IvinsAlthough it is true that only about 20 percent of American workers are in unions, that 20 percent sets the standards across the board in salaries, benefits and working conditions. If you are making a decent salary in a non-union company, you owe that to the unions. One thing that corporations do not do is give out money out of the goodness of their hearts.
Molly IvinsI often plagiarize from myself. I like to think of this as ecological journalism: I recycle.
Molly Ivins