"Nature will eventually do what nature has always done. It will respond in a self-stabilizing manner over the long term with moderate variability over multi-decade periods and with occasional significant variability over the short term."

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One of the high spots of the decade for me was offering the bill which culminated in the tax act of 1986, which brought rates down. That was the most difficult problem to solve: how to make the tax system of the United States more fair. We tried to make it simpler, but we failed on that one.

— Donald T. Regan