Sunday, June 15, 2008

Feeling Better

Welcome to my first post - Thanks for visiting!


I have to admit that I was wondering as of late. Could all the hype about the decline of America be true? The rise of China, a debtor nation, weaker military, falling dollar, credit crisis. These are all serious problems which require serious solutions. However, coming off a recent trip to Europe, I now actually feel fine.

Everywhere I saw the power and influence of the good ole U.S. of A. I stayed in a Hilton with a Starbucks - McDonalds, Burger King, UPS, Fords and IPods everywhere. Articles in the financial press - America breaking its dependence on foreign oil - can anyone say reducing the trade deficit? Dollar strengthening as Europe/Asia economies slow - London begging US presidential candidates to not stop free trade - what we do matters - US becoming first entrepreneurial nation - that is our new frontier.


Editorials in local press - Europe will never become a superpower because they would rather rely on the U.S. for their security and then criticize the U.S. for standing up to our global enemies. The solution in the Financial Times is for the U.S. to become more like them - just like Barak Obama their solution is to "RAISE TAXES." This is scary stuff. Lead the charge in raising taxes globally they say. Obviously this would kill the engine of productivity and revitalization of this country.


We go through waves of creative destruction and rebirth in this country - we are at the bottom of one of those cycles now. Out of the ashes of this downturn in American pride will be the next wave of productivity and invention.


Predictions - Iraq is a stable democracy and friend in the Middle East - trade deficit declining - U.S. leading in alternative fuel industry - next wave of high tech will happen here -for example, in aviation - tiltrotors will be a breakthrough in travel.


Freedom isn't free - we are the best human experiment in history. We have to teach our children to follow on in this tradition - study - work hard - take risk - keep a limited government - self reliance.


We are still the Shining City on the Hill!

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