"The time to be happy is now, the place to be happy is here. The way to be happy is to make others so." Robert G. Ingersoll, 19th Century American politician
If this quote came from Mother Theresa...or from Walt Disney or Milton Hershey, I might be more likely to consider the formula. But from a politician??
Certain the "others" who modern politicians flock to make happy are the ones with deep pockets. I assume it has ever been thus -- at least since the model shifted from pandering to those with the sharpest swords. So, from a politician's perspective, this formula states that the way to be happy is to seize the day and kiss up to those who will make your life easy. Kind of devalues happiness.
Quotes-of-the day from the 2014 Keep Calm & Carry On desk calendar