Notable and Quotable

“What a good country or a good squirrel should be doing is stashing away nuts for the winter. The United States is not only not saving nuts, it’s eating the ones left over from the last winter.”

–William H. Gross, managing director of the Pimco Group, the bond-management firm, in the article posted just below this entry

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Posted in * Economics, Politics, * International News & Commentary, America/U.S.A., Budget, Economy, Personal Finance, Politics in General, The National Deficit, The U.S. Government