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"It's insane to try to balance the budget."
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"When bored of sitting, move! When bored of moving, sit! Balance your life or there will remain neither moving nor sitting in your life but only falling!"
"We live here for five to fifty years (in this world, in the relative) and we are searching for beautiful houses there, while where we have to live permanently (moksha; in the Real, Self), there is no work being done for it; and no one is even inquiring about that (place). The world is baseless/disorderly. 'Do something for here and do something for there'. We are not saying not to do anything for here. Do both. Don't you have two hands?"
"It is called equanimity when one has no attachment with the good (the auspicious) and no abhorrence for the bad (the inauspicious). The one without duality is in equanimity-state. In worldly interactions, people identify tolerance as equanimity!"
"God has said for us to know bad, as bad and good, as good. But while knowing the bad, there should not be the slightest abhorrence towards it and while knowing the good, there should not be slightest attachment towards it. Without knowing bad, as bad, the good cannot be known as good."
"When you cry and laugh at the same time, you have reached a state of balance."
"Nurture a balanced perspective and don't "sweat the small stuff."
Explore more quotes by William Vickrey
"There is no reason inherent in the real resources available to us why we cannot move rapidly within the next two or three years to a state of genuine full employment."
"If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain."
"There is no real justification for a requirement that a budget of any sort should be balanced, except as a rallying point for those who seek to hamstring government."
"The nominal budget is a poor indicator of the impact of government outlays and revenues."
"Larger deficits are necessary and proper means to mitigate unemployment as the far greater evil in terms of human welfare."
"Firms would be given initial entitlements to gross markup on the basis of past performance. These entitlements would be transferable and a market in them would be developed."
"Nearly all educational expenditure should be considered a capital outlay, whether it provides a future return in the form of enhanced taxable income or in terms of an enhanced quality of life."
"Increasingly prices are set by sellers to raise their prices without a loss of sales sufficient to wipe out the gain."
"Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level."
"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."
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