Thomas Friedman is one of my favorite Journalists and Authors. He is one of the few people I have heard making sense these days about the American economy. He's an op ed columnist for the New York Times and has written extensively about the global economy. (The World is Flat is a good start if you like to read what he has written.)
Everybody seems to think Barack Obama is going to the next President of the United States and he will the guy saddled with straightening out the mess. Talking about the US election and the economy recently Friedman suggested that the rallying cry of this election should be "Invent Baby, Invent". In other words, the US economy is in cardiact arrest. It needs to start creating wealth instead of living on borrowed money. It needs to be revitalized and rebuilt. It is time to stop saying crazy things like "the fundamentals are strong" ..or "the American worker is the most productive worker in the world". This is not true -- It is time to get to work and start developing new industries, new ideas and new wealth. Let's hope, that Obama knows that--or that someone tells him and tells him fast.
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