POLITICAL observations & opinions

* Zakaria (Newsweek): the change we need

Posted by Lew Weinstein on October 15, 2008

Fareed Zakaria writes in Newsweek …

In America today we’re getting government wrong in a big way. We have a patchwork of bad regulations, subsidies, and ad hoc interventions. Policies are designed to pay off powerful constituents rather than generate long-term growth. We have the most expensive and inefficient health-care system in the industrialized world, the most wasteful energy usage, the lowest savings rate, the worst maintained infrastructure, a complex and corrupt tax code. We’ve gotten by despite all these problems because the overall system has been dynamic and the world looked to America as the place to put its savings and its faith. But the free ride is coming to an end. It’s time to get serious.

read the entire article at … http://www.newsweek.com/id/162272

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