Tuesday, May 30, 2006

Thought for Today

The AP's Thought for Today, reported in the NY Times, comes from an economist:

''Only the man who finds everything wrong and expects it to get worse is thought to have a clear brain.''

John Kenneth Galbraith

It reminded me of another quotation from a famous economist, which I read in the NY Times back on January 6, 2004:

"If this kind of fecklessness goes on, investors will eventually conclude that America has turned into a third world country, and start to treat it like one. And the results for the U.S. economy won't be pretty."

Paul Krugman