"I hate to make predictions, but I..." - Quote by Thomas Sowell
I hate to make predictions, but I think the economy is going to be permanently changed for the worse. I think our foreign policy is going to lead to changes that will be definitely for the worse, particularly if we drift into a nuclear Iran, which I gather that's what the administration is doing.
More by Thomas Sowell
“Why is history important? Without history, many people have no idea how many of today's half-baked ideas have been tried, again and again - and have repeatedly led to disaster. Most of these ideas are not new. They are just being recycled with re-treaded rhetoric.”
“Senator John McCain could never convince me to vote for him. Only Hillary Clinton or Barack Obama can cause me to vote for McCain.”
“It takes considerable knowledge just to realize the extent of your own ignorance.”
More on Future
“Some day I shall be President.”
“Investing is forgoing consumption now in order to have the ability to consume more at a later date.”
“We're in a period of uncertainty about [Donald Trump] administration policies and the range of what might happen is particularly higher. I don't think that these R&D and innovation budgets will be substantially reduced.”
More on Economy
“We are coming to see that there should be no stifling of labor by capital, or of capital by labor; and also that there should be no stifling of labor by labor, or of capital by capital.”
“Labor is the superior of capital, and deserves much the higher consideration”
“Teach economy. That is one of the first and highest virtues. It begins with saving money.”