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
I enjoy writing but I much prefer the experience of having written. – 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
The Berlin Wall wasnt the only barrier to fall after the collapse of the Soviet Union and the end of the Cold War. Traditional barriers to the flow of money, trade, people and ideas also fell. – Fareed Zakaria