Shimon Peres

The United States is the only power in history that became great by giving and not by taking. I think the crisis was when the United States had more money than ideas. Money doesn't produce money. Ideas produce money.

He was the editor of our paper. He created the publishing house in Hebrew. He was - I wouldn't say the 'guru' - but really he was our teacher and a most respected man. I wrote for the paper of the youth movement.

Long-term unemployment is particularly costly to those directly affected, of course. But in addition, because of its negative effects on workers' skills and attachment to the labor force, long-term unemployment may ultimately reduce the productive capacity of our economy.