A Ghost Army of Workers Is Paid to Do Nothing in the Gulf
"Government is the employer of first resort -- even when it has nothing much for its employees to do. That’s part of a tacit agreement between ruling families and citizens."
"Government is the employer of first resort -- even when it has nothing much for its employees to do. That’s part of a tacit agreement between ruling families and citizens."
"The key issue here: pension plans are almost universally toast."
"Finding buyers for government debt has become increasingly important since the Federal Reserve halted its bond-buying program in October 2016 after swelling its holdings to more than $4.2 trillion."
"There were two big temptations to the American Republic of the 1950s; subsequent generations gave in to both of them."
"Who is going to bail out the government?"
"The reinvestigation of the assassination is led by Paul Schrade, who also was shot in the head as he walked behind Kennedy in the pantry of the Ambassador Hotel in Los Angeles but survived."
"One side claims the Deep State is a figment of our imagination. Another thinks of Trump as a fearless crusader against it. Both sides are missing something very important."
"Overcoming the evils of our age will require more than intellect and activism. It will require decency, morality, goodness, truth and toughness."
"The current generation is getting further away from having enough children to replace itself."
"As Woodrow Wilson and LBJ knew well, the rush of power felt when America engages in a foreign crusade is effortlessly converted to a domestic crusade."