Quotes About Implicitly

You are reminded of a conversation you had recently, comparing the merits of sentences constructed implicitly with "yes, and" rather than "yes, but." You and your friend decided that "yes, and" attested to a life with no turn-off, no alternative routes:

The Federal Reserve Bank of Richmond has estimated that 61 percent of all private-sector financial liabilities are guaranteed by the federal government, either explicitly or implicitly. As recently as 1999, this figure was below 50 percent.