August 7, 2011
What We Must Do to get our Country Back on Track
I have read two pieces recently that seem to express most of what I think is reasonable and necessary. The first is by Thomas Friedman, somewhat middle-left in his outlook, but a pragmatist for the most part. The other is an interview with Rep. Eric Cantor by the WSJ.
The Harvard economist in the Friedman piece has it right. The U.S., its people and other countries of the world are armpit-deep in debt and economies will 'brake' until that debt is worked down, We simply cannot go on spending what we do not have.