Passing Quotes

It’s my belief that history is a wheel. ‘Inconstancy is my very essence,’? says the wheel. Rise up on my spokes if you like but don’t complain when you’re cast back down into the depths. Good times pass away, but then so do the bad. Mutability is our tragedy, but it’s also our hope. The worst of times, like the best, are always passing away.

Balance out the good things and the bad that have happened in your life and you will have to acknowledge that you are still way ahead. You are unhappy because you have lost those things in which you took pleasure? But you can also take comfort in the likelihood that what is now making you miserable will also pass away.

The real number of the US’ obligations, unfunded obligations that we’re passing on to our future generates is more like $70 trillion to $75 trillion. The vast majority of that is health entitlements – Medicare, Obamacare, Medicaid. There’s also Social Security, interest on the debt. But fundamentally, health entitlements are the thing that will bankrupt our kids. We need to fix that for the long-term.

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