Sunday, October 11, 2009

Failure is a Choice


Krauthammer does it again.
What a mind and what a pen.

Read it all here.

"...resistance to decline begins with moral self-confidence and will. But maintaining dominance is a matter not just of will but of wallet. We are not inherently in economic decline. We have the most dynamic, innovative, technologically advanced economy in the world. We enjoy the highest productivity.

...We have it in our power, for example, to reverse the absurd de facto 30-year ban on new nuclear power plants. We have it in our power to release huge domestic petroleum reserves by dropping the ban on offshore and Arctic drilling.

Nothing is written. Nothing is predetermined. We can reverse the slide, we can undo dependence if we will it.

...There is no reason we should be structurally perpetuating the massive deficits incurred as temporary crisis measures during the financial panic of 2008. A crisis is a terrible thing to exploit when it is taken by the New Liberalism as a mandate for massive expansion of the state and of national debt--threatening the dollar, the entire economy, and consequently our superpower status abroad.

There are things to be done. Resist retreat as a matter of strategy and principle. And provide the means to continue our dominant role in the world by keeping our economic house in order. And finally, we can follow the advice of Demosthenes when asked what was to be done about the decline of Athens. His reply? "I will give what I believe is the fairest and truest answer: Don't do what you are doing now.""


Demosthenes of Athens