jerryking + reindustrialization   1

Op-Ed Columnist - Superbroke, Superfrugal, Superpower? - NYTimes.com
September 4, 2010 ! NYT ! By Tom FRIEDMAN. Builds on the
message contained in “The Frugal Superpower: America’s Global Leadership
in a Cash-Strapped Era” a very timely book by Michael Mandelbaum. How
to mitigate this trend? Mandelbaum argues for 3 things: (1) 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. (2), 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. e.g. with infinite men & money we can
succeed in Afghanistan. But is it vital? it may be desirable, but
vital? (3), 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. ..There was a time when thinking seriously about U.S.
foreign policy did not require thinking seriously about economic policy.
That time is also over.
Tom_Friedman  U.S.foreign_policy  imperial_overstretch  cash-strapped  geopolitics  austerity  economic_policy  priorities  sacrifice  reindustrialization  frugality  superpowers  hard_work 
september 2010 by jerryking

Copy this bookmark:



description:


tags: