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 IvinsAlthough a life-long fashion dropout, I have absorbed enough by reading Harper's Bazaar while waiting at the dentist's to have grasped that the purpose of fashion is to make A Statement. My own modest Statement, discerned by true cognoscenti, is, "Woman Who Wears Clothes So She Won't Be Naked.
Molly IvinsIt's hard to argue against cynics - they always sound smarter than optimists because they have so much evidence on their side.
Molly IvinsAnd the funny thing is, I've always been an optimist - it's practically a congenital disorder with me.
Molly Ivins