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Tom Friedman: "Where and How Our Economy Went Wrong, and How to Right It"

By   Follow Me on Twitter     Message Richard Clark     Permalink
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*  stimulate the economy by investing in infrastructure, research and teachers;  

*  spur more start-ups;   and

*  offer more people postsecondary vocational or college education.    

We must have job-creating infrastructure investments tied in with a program to stimulate more start-ups (which have slowed), followed by a credible deficit-reduction plan, which would be phased in only as the economy recovers .    And all of this needs to be accompanied by an aggressive effort to get more Americans postsecondary education.

Third, the country needs a tax plan that is fair:   The wealthy must be made to pay at a significantly higher rate than the rest of us, not at their current lower rate, which is manifestly unjust.   And, fourth, the country needs a plan that is aspirational -- a plan that is about making America a great country for the next generation, and that is not just about "balancing the budget."

The presidential candidate who offered such a plan would win the election!     If neither offers it, one of these men will still win of course -- probably narrowly -- but the country will lose by a mile.    

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Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've (more...)

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