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Prof. Chin, your discussion is very NON-political. Unfortunately, some of the commenters are not (although I love the political satire by HARM).
Jul 12 09:46 am
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All Comments by John Lounsbury »The Dollar's Decline: Taking Responsibility for the Future [View article]
My conclusion is that the free lunch philosophy that has gripped the American government and people since 1964 (supported by all presidents and congresses of both parties) is coming to an end. The only question is whether the prosess is done BY us or done TO us. No matter which presidential candidate wins and no matter which party controls congress, the fantasy we call the American Dream must be interupted by a wake-up call. After some hard work (and painful to the average American) on energy, long term planning for deficit reduction, and improving the efficiency of social programs the government is involved in, we can return to a regular sleep schedule and dream again.
Can the ostrich (American people) take its (their) head(s) out of the sand and get behind a call for the hard work needed? I'm not sure. We must recognize the world terriorist threat is the number two issue. Returning our economy to a sound footing is number one. Without addressing number one, the number two problem, terrorism, defeats us without doing anything more.