A Quote by Erskine Bowles

I think that if we don't get these politicians to come together we face the most predictable economic crisis in history. — © Erskine Bowles
I think that if we don't get these politicians to come together we face the most predictable economic crisis in history.
One intriguing subplot of the economic crisis is the failure of most economists to predict it. Here we have the most spectacular economic and financial crisis in decades - possibly since the Great Depression - and the one group that spends most of its waking hours analyzing the economy basically missed it.
For most couples who come to me - especially in the aftermath of the revelation of an affair, when they are in a state of crisis and fear the loss of a predictable future - they start to have conversations for the first time about love, sex, monogamy, and marriage. Most couples don't negotiate or don't even converse about any of these things until the crisis of the affair has actually forced them to. Why does it take infidelity to get us talking about the stuff that should be there from the start?
There has been a banking crisis, a financial crisis, an economic crisis, a social crisis, a geostrategic crisis and an environmental crisis. That's considerable in a country that's used to being protected.
There will come a moment when the most urgent threats posed by the credit crisis have eased and the larger task before us will be to chart a direction for the economic steps ahead. This will be a dangerous moment. Behind the debates over future policy is a debate over history-a debate over the causes of our current situation. The battle for the past will determine the battle for the present. So it's crucial to get the history straight.
Obviously, our most pressing need is subsistence for the most vulnerable victims of Katrina, but we should not overlook the fact that the victims of Katrina also include middle-class Americans who have saved and invested, but now face an economic crisis, .. They should be able to tap into their savings and meet this crisis without facing an unfair penalty.
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis.
We need to make clear that the economic crisis has to be matched by a crisis of ideas. That's the problem, right? The economic crisis is not matched by a crisis of ideas. That's where the war is going to be fought.
Early childhood education is an urgent educational, economic and moral imperative. Without it, we face a long-term national economic security crisis.
Most change in America doesn't come from, politicians. It comes from people inventing things and creating. The telephone, the telegraph, the computer, all those things didn't come from government. Our world is going to get better and better, as long as we keep the politicians from screwing it up.
It seems to rise again when the crisis times come, and this is a time of most severe crisis, as we all know, not just for the history of the United States and the survival indeed of our democracy, but for the future peace of the world. And never before probably has the need for interfaith commitment been nearly as great as it is at this very moment.
What we face in Canada are multiple overlapping crises. We have the climate crisis, which is screaming down on us - all of the predictions are coming true even faster than the scientists thought. We have the inequality crisis, where the Panama Papers are a great reminder that the one per cent have actually created their own economy. We still have the crisis of child poverty, which has never been dealt with despite decades of concerned words from politicians.
By failing seriously to confront the most predicable economic crisis in our nation's history, the President's policies are committing us and our children to a diminished future.
I don't know if it's a uniquely American thing, but I associate it that way. People get excited by this idea of, 'Let's come together and defeat this huge enemy through innovation, by solving this crisis.' I think that's motivating and inspiring.
One of the most important things for a country, particularly when it's seeking to attract long-term capital in big risky projects that are going to have a payback over many years if not decades, is to be seen as being a predictable environment where tax changes will be few. But if they are going to come about they'll come about in a way that you know is predictable, understandable.
I think most politicians could take a dodgeball in the face.
In an ironic sense, Karl Marx was right. We are witnessing today a great revolutionary crisis, a crisis where the demands of the economic order are conflicting directly with those of the political order. But the crisis is happening not in the . . . West, but in the home of Marxism-Leninism, the Soviet Union. It is the Soviet Union that runs against the tide of history by denying human freedom and human dignity to its citizens.
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