Showing 10 of 12249 quotes
I served three terms in the U.S. Senate and was co-chairman of the National Commission on Fiscal Responsibility and Reform in 2010. So I know a bit about how Washington operates, and I have had plenty of experience doing the work of running for office. ”
I am living proof that youth possess a unique capacity to grow and change - that the child who seems hopeless today could go on to change the world. ”
I did all kinds of things in order to earn a living. ”
I was much more interested in the orchestra than the piano, but I did become fairly proficient as a pianist and my teachers felt I had talent and wanted me to become a good concert pianist and earn my living that way. ”
People don't realize that we cannot forecast the future. What we can do is have probabilities of what causes what, but that's as far as we go. And I've had a very successful career as a forecaster, starting in 1948 forward. The number of mistakes I have made are just awesome. There is no number large enough to account for that. ”
What I see in the corporate sector is very clearly an issue of a major shortfall in the issue of, what some people call confidence, but whatever you want to call it. Clearly people are looking out in the very distant future and they are saying that it is too complex. ”
Forecasting our futures is built into our psyches because we will soon have to manage that future. We have no choice. No matter how often we fail, we can never stop trying. ”
Increased jobs are the consequence of increased trade. Increasing jobs more than output implies a fall in productivity and standards of living. That surely cannot be our goal. ”
There are winners and there are losers. And as much as we would like to help the losers, if we do it in the way that directs the limited capital of the society to support the low-productivity parts of the economy, it means that the rest of the economy - our overall standard of living - will not rise as much as it could. ”
Moving around a lot allows you to experience many different cultures and learn about the ways that different people in different parts of the country live, and it probably made me somewhat more adventuresome and allowed me to meet my future wife in Pensacola. ”