The United States is in a tough spot. As we dig ourselves out from a serious financial crisis and a deep recession, our very efforts to recover are exacerbating much more fundamental problems that our country has let fester for too long. Beyond our short-term worries, and behind many of today's political debates, lurks the deeper challenge of coming to terms with America's place in the global economic order.I wish I had the brainpower to analyze more, but this will have to wait until after finals.
Our strategic situation is shaped by three inescapable realities. First is the inherent conflict between the creative destruction involved in free-market capitalism and the innate human propensity to avoid risk and change. Second is ever-increasing international competition. And third is the growing disparity in behavioral norms and social conditions between the upper and lower income strata of American society...
Trump Administration Eyes More Mass Layoffs if Government Shuts Down
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The president’s top aides told agencies to prepare for potential firings if
Congress cannot extend funding before the end of Sept. 30.
1 hour ago
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