A Quote by Mark Steyn
The long-term cost of a welfare society is the infantilization of the population.
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Between 1965 (the beginning of LBJ's "Great Society") and 1994, welfare spending has cost the taxpayers $5.4 trillion in constant 1993 dollars. The War on Poverty has cost us 70 % more than the total price tag for defeating both Germany and Japan in World War II, after adjusting for inflation. Many believe that Welfare has destroyed millions of families and cost a huge portion of our national wealth in the process.
Long-term travel isn’t about being a college student; it’s about being a student of daily life. Long-term travel isn’t an act of rebellion against society; it’s an act of common sense within society. Long-term travel doesn’t require a massive “bundle of cash”; it requires only that we walk through the world in a more deliberate way.
Germany's population is getting older and older and smaller and smaller. To be able to finance our welfare system over the long term, we need more women in the workforce, more children and more immigrants.
Statistically after six months, if an Indigenous or non-Indigenous person has come off welfare, even long-term welfare, and has stuck in that's job for six months, then they've really broken in their own psychology the welfare reliance mentality. They're up on their own two feet.
Sure there are some companies at the margins of our society that probably do that and I think we all have the responsibility as consumers and as investors to avoid them like the plague. If we do, they won't last very long. Doing what's right is the only possible formula for long-term - I emphasize long term - business success.
The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
To finance longer life spans, we must convince individuals to start investing now for the long term. But longevity should be an asset that can be levered, not a curse. They must understand that there's a cost to sitting in cash. No one talks about that cost.
I think more civil society programs, more free enterprise, more contacts with their fellow brethren in Miami - that's good for the long-term, and that's an investment in America's long-term relationship with the Cuban people, not the Cuban government.
Being captive to quarterly earnings isn't consistent with long-term value creation. This pressure and the short term focus of equity markets make it difficult for a public company to invest for long-term success, and tend to force company leaders to sacrifice long-term results to protect current earnings.
A society that does not use the intellectual power of its female population fully is not a wise society. Most women are not as tainted by mistakes in the conduct of the economy as the male population, and now they deserve an opportunity.
There are complicated processes going on in society in the Crimea. There are problems of the Crimean Tatars, the Ukrainian population, the Russian population, the Slavic population in general, but this is Ukraine's domestic political problem.
Britain can choose, as others are, short term fixes and more stimulus. Or we can lead the world with long-term solutions to long-term problems.
I want to take a long-term view. Being distracted by short term things can be dangerous when you are making cold, calm, long-term decisions.
We don't really look at the stock, you know? Because for us, it's about the long term. And so we're very much focused on long-term shareholder value but not the short-term kind of stuff.
Population diminishing, even in Japan and Italy, the population is diminishing. When society can reach a sustainable place or gain comfortable income, then people tend to have fewer children. Poverty makes a chain reaction of having many children. So when society reaches some kind of level, then it will turn toward getting a smaller population.
I know the exploding cost of health care is at the root of our long-term fiscal challenges.
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