When politicians start talking about large groups of their fellow Americans as 'enemies,' it's time for a quiet stir of alertness. Polarizing people is a good way to win an election, and also a good way to wreck a country.
Molly IvinsEconomist 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 Ivins