It is not widely known that, ever since the end of the Korean War, the United States has spent essentially the same amount of money on defense, in real terms, every single year.

Everyone in the Chinese economic world knows that the country is not going to move out of cheap-workhouse status, toward the realm of 'real' rich-country corporate power and prosperity, unless (among other changes) it begins removing these price distortions.

The President? Hmmm, I wonder who that might be? Could it be, perhaps, the sitting two-term incumbent of the same party holding its convention? The person whose economic and military policies shape the environment the next president will deal with? As best I can tell, in the tens of thousands of words making up the combined remarks of John McCain, Sarah Palin, Rudy Giuliani, Mike Huckabee, Mitt Romney, Fred Thompson, and Lindsay Graham, the Name That Must Not Be Uttered appeared exactly once.

Everyone moans about the collapsing U.S. infrastructure.

The pandering and ignorance-across-party-lines represented by the John McCain-Hillary Clinton united front for a temporary reduction in the gasoline tax should make Americans hold their heads in their hands and moan [...] Please. This is embarrassing. It makes me long for the good old days of debating about flag pins on the lapel.

It is not widely known that, ever since the end of the Korean War, the United States has spent essentially the same amount of money on defense, in real terms, every single year.

A rigid America is also weak and vulnerable, because it sacrifices its unique strength: the energy of people who think they can always make something new of their lives.