Practically, the desirable situation ought to be one in which any reasonably responsible person willing to accept available employment can find a job paying a living wage within 48 hours.
More Quotes from William Vickrey:
It's insane to try to balance the budget.William Vickrey
The great increase in longevity has produced a surge in the desire to accumulate assets for retirement. It has outpaced the ability of the private sector to produce assets, so we need a larger government debt.
William Vickrey
Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare.
William Vickrey
The insane pursuit of the holy grail of a balanced budget in the end is going to drive the economy into a depression.
William Vickrey
Don't you think you're just rearranging deck chairs on the Titanic?
William Vickrey
Balancing a nominal budget will solve nothing, and attempting to achieve such a spurious balance will produce much mischief.
William Vickrey
Readers Who Like This Quotation Also Like:
Based on Topics: Work & Career QuotesMarriage is a mistake every man should make.
George Jessel
Every dictator is an enemy of freedom, an opponent of law.
Demosthenes
I believe we are on an irreversible trend toward more freedom and democracy - but that could change.
Dan Quayle