Part 57 (1/2)
Frank Luntz, Words That Work: It's Not What You Say, It's What People Hear (New York: Hyperion, 2006), p. 165.
156 strategy known as ”starve the beast”
Bruce Bartlett, ” 'Starve the Beast': Origins and Development of a Budgetary Metaphor,” Independent Review, Summer 2007.
157 U.S. debt-to-GDP ratio will be 70 percent in 2013
Congressional Budget Office, ”The 2012 Long-Term Budget Outlook,”
158 exceeds GDP if money the government owes to itself is added to the debt
Agence France-Presse, ”US Borrowing Tops 100% of GDP: Treasury,” August 3, 2011; Matt Phillips, ”The U.S. Debt Load: Big and Cheap,” Wall Street Journal, July 25, 2012.
159 no perceptible effect on the demand for U.S. bonds
Tim Mullaney, ”A Year After Downgrade, S&P's View on Was.h.i.+ngton Unchanged,” USA Today, August 7, 2012.
160 add approximately $1 trillion to interest payments over the next decade
Jeanne Sahadi, ”Was.h.i.+ngton's $5 Trillion Interest Bill,” CNN Money, March 12, 2012, money.cnn.com/2012/03/05/news/economy/national-debt-interest/index.htm.
161 ”the diffusion of power away from government”
Joseph S. Nye, ”Cyber War and Peace,” Project Syndicate, April 10, 2012, mentary/cyber-war-and-peace.
162 not even close to the fiscal conditions that would have reduced the risk
David Marsh, ”The Euro's Lost Promise,” New York Times, March 17, 2010; Sven Boll, ”New Doc.u.ments s.h.i.+ne Light on Euro Birth Defects,” Der Spiegel, May 8, 2012.
163 for the two decades since reunification-at an estimated cost of $2.17 trillion
Katrin Bennhold, ”What History Can Explain About the Greek Crisis,” New York Times, May 21, 2012.
164 plant varieties that were especially suitable for cultivation