“A writer’s notebook is not a diary. Writers react. Writers need a place to record these reactions. That’s what a writer’s notebook is for. It gives you a place to write down what makes you angry or sad or amazed, to write down what you noticed and don’t want to forget. A writer’s notebook gives you a place to live like a writer.” - Ralph Fletcher

 


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There is also a financial cost. The federal government makes about $250 billion in interest payments a year. So even a small increase in the rates demanded by investors in United States debt could add tens of billions of dollars to those payments.

(Source: The New York Times)


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Some White House strategists and independent analysts have concluded that the economic impact would be modest, despite the embarrassing blow to the global financial standing of the United States.

(Source: The New York Times)


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The lowering of the country’s rating could rattle confidence and raise borrowing costs for the government and consumers, impeding the already fragile recovery.

(Source: The New York Times)