Quote

Consumer: A person who is capable of choosing a president but incapable of choosing a bicycle without help from a government agency.

Herbert Stein

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Herbert Stein
Age: 83 †
Born: 1916
Born: August 8
Died: 1999
Died: September 9
Author
Economist
Professor
University Teacher
Writer
Detroit
Michigan
Help
Bicycle
President
Consumer
Helping
Choosing
Government
Incapable
Persons
Agency
Person
Consumers
Without
Capable
Decision

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If you asked a sample of Americans What is the temperature of Mars? about 8% would say they don't know.
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Trends that can't continue, won't.
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For almost 50 years polls have shown that a large majority of the public believe that the budget should be balanced, and for all that time they have elected office seekers who would not balance it. The public cares about deficits, but doesn't care much.
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If a thing can't go on forever, it will eventually stop.
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If something is inevitable, it will happen
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If something cannot go on for ever, it will stop
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Whatever may be the distribution of uncertainty among economists, the public only gets to hear from those who have certain opinions.
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Psychiatrist to patient: Maybe you don't have a complex. Maybe you are inferior.
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