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

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