Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain.

The nominal budget is a poor indicator of the impact of government outlays and revenues.

Practically, the desirable situation ought to be one in which any reasonably responsible person willing to accept available employment can find a job paying a living wage within 48 hours.

Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level.

Nearly all educational expenditure should be considered a capital outlay. Education provides a future return in the form of enhanced taxable income and an enhanced quality of life.

Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.

To stick to the present situation would be something like a man who was observed in Times Square looking earnestly along the pavement. He was asked what he was looking for. He said "I lost my watch."