We Can All Do Better
“These iterations were not a matter of Chinese bravado but only a description of what the Chinese perceived to be the facts. Our situation seems evident not only to the Chinese and other foreigners but also to millions of Americans—and too many of our citizens are losing hope. Hopelessness is a serious danger for a culture whose historical attitude has been optimism. It is the equivalent today of what fear was in the Great Depression. But, in the spirit of FDR when he confronted a fearful nation..., I would say to those who feel the ground falling away under their feet that the only thing that can make our situation hopeless is hopelessness itself. It’s time, in FDR’s words, “to convert retreat into advance.”
It is within our power to take control of our American future. The way forward is clear. To raise living standards, we must tax labor less and things more, adopt a massive infrastructure program, invest heavily in research, educate our citizens for a lifetime in a world of constant change, and reduce the structural budget deficit.MoreLess
It is within our power to take control of our American future. The way forward is clear. To raise living standards, we must tax labor less and things more, adopt a massive infrastructure program, invest heavily in research, educate our citizens for a lifetime in a world of constant change, and reduce the structural budget deficit.MoreLess
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