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 ZuckermanFewer Americans are at work today than in April 2000, even though the population since then has grown by 31 million.
Mortimer ZuckermanAmericans 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.
Mortimer ZuckermanNatural erosion had reduced the critical barrier islands in the Gulf, the result of the destruction of some 300,000 acres of wetlands. This amounted to 30 miles of marshlands.
Mortimer Zuckerman