liveonearth (liveonearth) wrote,

Quote of the Day: on Failure

My great concern is not whether you have failed, but whether you are content with your failure.
--Abraham Lincoln (quoted in First Things)

"In 2008, we rescued the banks. In 2009, we pledged $900 billion to rescue the rest of the economy. Last month, we extended jobless benefits to 99 weeks to rescue the unemployed. Call it bailouts. Call it stimulus. Call it emergency aid. America seems to be losing its stomach for failure, and that's very bad news if we have any hope for a robust economic recovery. The problem with our current economic policy is that we're anesthetizing our failures with bailouts and stimulus and emergency aid, all of which leave us insensible to what really has gone wrong. Solving a problem begins with recognizing that one exists. For many of us, that means feeling a bit more discomfort than our bailouts and stimulus and emergency aid have allowed".
--Brian Brenberg in The Washington Times
Tags: america, economics, failure, quotes, unemployment

  • A Request of Runners in Pandemic Times

    Living in an urban area I, like many, exercise in the park. I was doing so before the pandemic started and I have continued. My local park is big…

  • Interesting Times Indeed

    Being a doc and a dork too, I've been studying on COVID-19 since it first appeared. Still the magnitude of the crisis is shocking. This will be…

  • QotD: If Learning, Not Gloating, Is the Goal

    "A single dot on a canvas is not a painting and a single bet cannot resolve a complex theoretical dispute. This will take many questions and…

  • Post a new comment


    Comments allowed for friends only

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded