The technological revolution at home makes it much easier for computers to do our work. – Fareed Zakaria
In a very weak economy, when you say cut government spending, what you mean is youre laying off school teachers and youre de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and dont pay taxes. – Fareed Zakaria
Americans have so far put up with inequality because they felt they could change their status. They didnt mind others being rich, as long as they had a path to move up as well. The American Dream is all about social mobility in a sense – the idea that anyone can make it. – Fareed Zakaria
What we see today is an American economy that has boomed because of policies and developments of the 1950s and 60s: the interstate-highway system, massive funding for science and technology, a public-education system that was the envy of the world and generous immigration policies. – Fareed Zakaria