“Entitlement spending and tax cuts have fueled unaffordable deficits. To fund those deficits, America will have to reduce entitlements and increase taxes. Sorry!” – The Lonely Realist America for decades has been spending more than it earns, far more …, a subject much-discussed in prior TLRs....
“Political extremists are dictating America’s agenda dialogue and, ultimately, government policy.” – The Lonely Realist Congress is the beating heart of American democracy. “Democracy is based on the notion that a people should be self-governing and that the representatives of the people should be held accountable...
“Fear and greed cut two ways.” – The Lonely Realist The predictions Cassandra made two years ago were prescient. She said that the Fed’s successful management of America’s economy has proven it to be “a highly capable economic general [whose] creative policies avoided depression following the...
“Entropy is the second law of thermodynamics … and of geopolitics, religion, race, economics, climatology, children, etc.” – The Lonely Realist Entropy is a cornerstone concept of physical science … with broad societal applications. Entropy is “a lack of order or predictability” or “a gradual decline into...
“Predictions are hard, especially about the future.” – Yogi Berra TLR recently presented a reality-perspective to Cassandra and received the following reaction. THE REALIST: Good morning Cassandra. I understand you are pressed for time today. CASSANDRA: Good morning Mr. Realist. I apologize, but I do have time sensitivity. THE...