In Superbroke, Superfrugal, Superpower?,” Thomas L. Friedman cites Michael Mandelbaum, the Johns Hopkins University foreign policy expert and states
“….. America has gone from being the supreme victor of World War II, ….. to “The Frugal Superpower” of today.”
“We can’t afford to invade Grenada today.”
” ….. for the next decade at least, being a leader in America will mean, on balance, taking things away from people.”
” ….. the cuts are coming – you can already hear the warnings from Secretary of Defense Robert Gates.”
” ….. “all forms of government-supplied pensions and health care (including Medicaid) constituted about 4 percent of total American output.” At present rates ….. “they will account for a full 18 percent of everything the United States produces.”
” ….. foreign policy in the second decade of the 21st century and beyond will be ‘less”
” ….. important feature of U.S. foreign policy over the last century has been the degree to which America’s diplomats and naval, air and ground forces provided global public goods ….. “
“No country now stands ready to replace the United States, so the loss to international peace and prosperity has the potential to be greater ….. “
“How to mitigate this trend ….. three things: • First, we need to get ourselves back on a sustainable path to economic growth and reindustrialization …..” • ”Second, we need to set priorities ….. in foreign policy terms, both what is vital and what is desirable.” • ”Finally, 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.”
“America is about to learn a very hard lesson: You can borrow your way to prosperity over the short run but not to geopolitical power over the long run. That requires a real and growing economic engine ….. “
“There was a time when thinking seriously about American foreign policy did not require thinking seriously about economic policy. That time is also over.”
“An America in hock will have no hawks ….. “
In Superbroke, Superfrugal, Superpower?,” Thomas L. Friedman cites Michael Mandelbaum, the Johns Hopkins University foreign policy expert and states
“….. America has gone from being the supreme victor of World War II, ….. to “The Frugal Superpower” of today.”
“We can’t afford to invade Grenada today.”
” ….. for the next decade at least, being a leader in America will mean, on balance, taking things away from people.”
” ….. the cuts are coming – you can already hear the warnings from Secretary of Defense Robert Gates.”
” ….. “all forms of government-supplied pensions and health care (including Medicaid) constituted about 4 percent of total American output.” At present rates ….. “they will account for a full 18 percent of everything the United States produces.”
” ….. foreign policy in the second decade of the 21st century and beyond will be ‘less”
” ….. important feature of U.S. foreign policy over the last century has been the degree to which America’s diplomats and naval, air and ground forces provided global public goods ….. “
“No country now stands ready to replace the United States, so the loss to international peace and prosperity has the potential to be greater ….. “
“How to mitigate this trend ….. three things: • First, we need to get ourselves back on a sustainable path to economic growth and reindustrialization …..” • ”Second, we need to set priorities ….. in foreign policy terms, both what is vital and what is desirable.” • ”Finally, 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.”
“America is about to learn a very hard lesson: You can borrow your way to prosperity over the short run but not to geopolitical power over the long run. That requires a real and growing economic engine ….. “
“There was a time when thinking seriously about American foreign policy did not require thinking seriously about economic policy. That time is also over.”
Hello A, Please let me know HOW you figure we need a higher gas tax? ( What, Why, How, Where, Who and all that stuff? ) That one really threw me for a BIG loop. John
Hello A, Please let me know HOW you figure we need a higher gas tax? ( What, Why, How, Where, Who and all that stuff? ) That one really threw me for a BIG loop. John
I agree with a high gasoline tax.. I know it will hurt the economy on one hand,but so will higher personal taxes , which is what is coming for sure unless other sources of revenue is found.. Yea, no one likes to carpool, ride a bus, etc. in the US, but we all should, and employers should encourage it also.
And, I did hear that Austin got a little weirder. lol
I agree with a high gasoline tax.. I know it will hurt the economy on one hand,but so will higher personal taxes , which is what is coming for sure unless other sources of revenue is found.. Yea, no one likes to carpool, ride a bus, etc. in the US, but we all should, and employers should encourage it also.
And, I did hear that Austin got a little weirder. lol
