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Sunday, September 5, 2010

Op-Ed Columnist - Superbroke, Superfrugal, Superpower? - NYTimes.com

Op-Ed Columnist - Superbroke, Superfrugal, Superpower? - NYTimes.com: "How to mitigate this trend? Mandelbaum argues for three things: First, we need to get ourselves back on a sustainable path to economic growth and reindustrialization, with whatever sacrifices, hard work and political consensus that requires. Second, we need to set priorities. We have enjoyed a century in which we could have, in foreign policy terms, both what is vital and what is desirable. For instance, I presume that with infinite men and money we can succeed in Afghanistan. But is it vital? I am sure it is desirable, but vital? Finally, we need to shore up our balance sheet and weaken that of our enemies, and the best way to do that in one move is with a much higher gasoline tax."

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