Heavy Lifting - thoughts and web finds by an economist
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Sunday, December 07, 2008
Every year I feel that December 7 has lost some of its luster in the minds of U.S. citizens. This is a shame because it (along with 9/11) provide important lessons for us in the area of foreign policy and the waging of war.
Now that the new New Deal is on the table, and all the people who were let go from Starbucks are now going to be building our bridges and schools, it is looking more and more like Bush-Obama is a replay of Hoover-FDR. Let's hope that the similarities end at the Keynesian policies and do not spread too far into the geopolitical.
We all have seen the devastating picture of the U.S.S. Arizona, but not too often do you see a "before" picture of the magnificent ship.
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