Of Two Minds

Imagine an institution whose ratchet was set to relentlessly reduce budget, staffing and processes while focusing on increasing output / results.

The key takeaway here is: don’t count on a simplistic ideology or reform or a “supreme leader” to save the status quo from internal failure.

“It’s all because of our low cost of living that I can feel relatively secure.”

Can a couple of hardworking people live well in America on $30,000 a year in earnings? Yes, if they’re willing to do what’s needed to make it happen.

That monkey on your back comes in many forms.

Perhaps the most apt metaphor to describe the decade ahead is that investors, consumers and taxpayers will all be rafting whitewater rapids with ever-briefer stretches of calm.