“We’re Spending at a Rate that’s Just Unsustainable”

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George Shultz, former Dean of the University of Chicago Business School, former Secretary of the Treasury, and former Secretary of State. Source of photo: online version of the NYT article quoted and cited below.

(p. 12) What do you make of the direction the Republican Party has taken since you served in Washington? Isn’t the Tea Party a corruption of the values you stood for?
From what I understand of it, it is a reaction, which I share, to the fact that our government seems to have gotten out of control. We’re spending at a rate that’s just unsustainable.
That’s a legacy of the Bush era, I guess.
Everybody is conveniently blaming everything on Bush, but he’s not responsible for what’s happened in the last year.
You’ll be 90 in December. How are you?
I’m terrific. Feeling great. I’m vertical, not horizontal. That’s a big thing.

For the full interview, see:

DEBORAH SOLOMON. “Questions for George Shultz; The Statesman.” The New York Times Magazine (Sun., July 4, 2010): 12.

(Note: bolding of interviewer questions was in original.)
(Note: the online version of the article is dated June 28, 2010.)

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