Update: Fallows pessimism draws criticism from readers HERE
The Nauseating Debt-Ceiling 'Solution' - James Fallows - Politics - The Atlantic: "the major steering decisions in national policy make a difference in the long term. It made a difference, for the good, that the United States adopted the GI Bill, and set up the Land-Grant Universities. It made a difference, for the bad, that California passed Proposition 13.
The Nauseating Debt-Ceiling 'Solution' - James Fallows - Politics - The Atlantic: "the major steering decisions in national policy make a difference in the long term. It made a difference, for the good, that the United States adopted the GI Bill, and set up the Land-Grant Universities. It made a difference, for the bad, that California passed Proposition 13.
In the short run, the 'bargain' just agreed to offers worse than no hope for addressing the really urgent problem of the moment, harmfully high unemployment. And in the long run, this has been as sobering a case study of a great nation misusing its resources, distracting itself from real problems, and discrediting its political system in the world's eyes as... as I can remember. No 'foreign threat' has been involved here. Not a 'rising power,' like China. Not a 'non-state menace,' like some terrorist. We did this all ourselves."
No comments:
Post a Comment