An idealist believes the short run doesn't count. A cynic believes the long run doesn't matter. A realist believes that what is done or left undone in the short run determines the long run.
Trees and clean energy [are] the long-run solution but we have no time to wait for the long run. We need a short-run solution now, and one that encourages and facilitates the transition to the long-run solution.
That's the problem with the financial sector. Banks and the financial sector live in the short run, not the long run. In principle the government is supposed to make regulations that help the economy over time. But once it's taken over by the financial sector, the government lives in the short run too.
I'm a firm believer in the connection between the body and the mind: feed one, feed both. I like to run, but only short distances, and fast. I'm no good at long distance. More than six miles, and the knees start to go.
It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.
Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise the revenues in the long run is to cut the rates now.
Words and ideas work in the short run to get you through school and to impress educators and employers. But they do not work in the long run or in the deep run. We soon find ourselves separate and without wonder.
In the long run, all wrongs are righted, every minus is equalized with a plus, the columns are totaled and the totals are found correct. But that's in the long run. We must live in the short run and matters are often unjust there. The compensating for us of the universe makes all the accounts come out even, but they grind down the good as well as the wicked in the process.
The government doesn't run the economy. The economy is run by the private sector. The job of the president is to ensure we [the state] have policies that allow the private sector to grow and prosper.
But to make a long story short, I decided that I was going to run, and I announced that I was going to run for president in Florida, I would be the favorite son from Florida, and that would stop Johnson and Kennedy from dividing up the state.
You feel better in the short run when you have a tub of ice cream, but in the long run, you don't.
Both in the short-run and the long-run, college students, collectively, have enormous spending power.
In the long run, the oppressor is also a victim. In the short run (and so far, human history has consisted only of short runs), the victims, themselves desperate and tainted with the culture that oppresses them, turn on other victims.
A technological advance of a major sort almost always is overestimated in the short run for its consequences - and underestimated in the long run.
If you play your cards right things are going to happen in the long run. In the short run, it is anybody's guess.
Our failed population-centric approach to Afghanistan has only led to missed opportunities, which is why Afghanistan depends on donors for 90% of government revenues. A smarter, trade-centric approach will boost Afghanistan's long-run viability by weaning it off donor welfare dependency.