The quick description of this video is:
Fareed Zakaria, editor-at-large at Time Magazine and host of CNN’s “Fareed Zakaria GPS” program, discusses his book “The Post American World” and the U.S. economy.
Zakaria, speaking with Tom Keene on Bloomberg Television’s “Surveillance Midday,” also discusses U.S. policy in the Middle East and the sovereign debt crisis in Europe.
Is that enough for your lunch plate?
I glad this guy has the President’s ear. I know Alf. would rather he was listening to The Sarah or The Donald on such subjects but I’ll take Zakaria’s advice.
Very eloquently described the state of affairs! Now, if only more people would listen to guys like him instead of watchin’ ‘em Kardishians get a wax job :-\.
This guy is impressively smart. Stated in Mot so many words, he’s correct that the GOP has not only destroyed our economy but also took away our stature on the world stage.
Tough lesson learned but we will overcome the Bush decade disaster.
#3, Glad to see you have finally recognized that it was the BUSH admin and not the CHENEY admin.
Good Job. Hope yet!
In #3, Dallas said: “…we will overcome the Bush decade…”
You’re more optimistic than I am.
The U.S. was an unwilling empire, led by a succession of fools, that destroyed itself committing suicide through “death by a thousand cuts”.
US Banks need to get back to the business of investing in America, not just profiting from it.
When did the US ever have “fiscal discipline”?
How can it lose something it never had.
The US is like a person who was rich and successful and has simply spent all the money he had (and more) because there has always been more money and more success.
Liberal rag economist…sure.
Headlines on Drudge are screaming “Greatest Depression…double dip” and we get a dork who believes in climate change and that obama’s policies are working.
You progressives are worse than Coleen…she at least has an excuse, you have only your own innate stupidity.
The video summary sucks adding nothing to the provided Header. Better: Fareed discusses “The New Normal.”
In that vein, with the growth rate of America/the West reset at a lower rate–No, the USA will not recover in the same way that we have in the past===THAT IS THE POINT OF THE FRIGGIN VIDEO!!!! A new normal: one of USA decline, and Chinese ascendancy. Its like Global Warming—how long can you ship jobs overseas and not finally change your entire society? With this JOBLESS RECOVERY–we hit the tipping point.
Yes, the NEW NORMAL. America finally caught out in its lip service to free market capitalism while actually following the DOGMA OF GREED.
Silly, stoopid, god-damned hoomans. How many times you gotta be told the PUKES are worse than the Dumbo’s. THE REPUBLICANS ARE OUT TO DESTROY AMERICA—BUT THEY CAN’T DO IT WITHOUT YOUR VOTE.
Look—-Think—-Recognize your vote is a weapon against evil and corruption.
Obama’s policies. Yea, they are sure working…
Horror for US Economy as Data Falls off Cliff
http://cnbc.com/id/43239586
Just feel good and blame Bush.
#10–Oh No==You probably had several reasons for posting that dribble, I’m sure only one of them was to piss me off. It worked.
Well done sir.
Ha, ha. We’re all Doomed.
Dontcha love how they love to blame Bush for a financial debacle created by and defended by the democrats. Yes, it was the Republicans that it so low income earners would get home loans. Yes, it was Republicans that said there was no problems with Freddy and Fanny.
http://youtu.be/_MGT_cSi7Rs
FYI–bad loans and the housing bubble were bad but the new normal was created by credit default swaps–a new form of investing that was made illegal after the Crash of 1907 as it was recognized as nothing but betting. Stayed that way until Glas Stegal was passed and a few other regulations allowed this unregulated gambling again. Still allowed right now.
Guess why?
Don’t feed the trolls 8&10 they are just crying to be noticed.
When they have 4 or five best selling books on the U.S. and foreign affairs behind them, B.As from Yale, advanced degrees in Political Science from Harvard, stellar CVs a mile long then I might give their criticism some attention but so far they just seem like ditto heads regurgitating what they hear on talk radio.
It must pain them to have someone so well spoken and informed disagreeing with their right wing media deities.
What he is saying is that Americans are the problem. Every last one of us. Until our national mind changes about who we are, what we want, and what we each will do to get it, we won’t “get it”.
The Chinese, Japanese, and Germans, each, and in succession, had to climb out of the toilet to get where they are. It is arguable whether they each will be able to hold on to their progress.
The Chinese aren’t finished climbing out of the toilet.
The Indians are climbing out of the toilet “feet first”.
#15–What==you say: “What he is saying is that Americans are the problem. Every last one of us.” //// Sloppy lazy non-think on your part. Its logically impossible to escape the fact that the Dems are different from the Pukes. The Dems want to tax and spend and create a Nanny State. That may or may not “work” in various different interpretations—but the PUKES WANT TO KILL AMERICA with their repeal of the New Deal, lowering taxes beyond what any society needs for stability, and LYING ABOUT EVERYTHING THEY DO.
The choice is clear. Don’t cloud the issue by equating things that are very different. After all, you are no doctor.
If any of you wish to check we had restraint until we gave up the gold standard.
If you look at what this progressive had to say, while he may not see it, the agenda put forward by the Democrats under Bush _after they gained control of the house_ and accepted by Bush so he could fight his war on terror, a very ignorant phrase, and accelerated under Obama amounts to blowing the economy out of the water.
I only say this because they were the people who had the majority and the control to enforce their agenda.They put the people in charge of Freddy Mac, and Fanny May who set the polices that blew up both of them and are still blowing up both of them. Neither has as yet been put on a sustainable footing. They are the people that made a deal with Bush to run up the nation debt and did so.
While he may also not agree he admitted that those nations committed to growth rather than stagnation and decline aren’t buying into the loony man made global warming scam being used to transfer billions to con men and hucksters.
Personal thought the EU may need to break up because I don’t care what you do Greece _can’t_ pay back it’s debts and pushing things into total agony is going to cause a revolution in Greece and they still won’t get their money any more than they got their costs of WWI out of Germany. This sort of thing won’t work without enslaving the local population and I’m not sure the EU has the stomach for that.
As for us, unless we bring out spending under control we will become another Greece.
Washington is corrupt, it will not stop tanking the economy via growing government, and regulation, because it makes them personally powerful and rich.
A portion of every dime that is spend, returns to the ruling class in some form.
That is why they won’t stop spending, it costs them.
There are enough Tea Party members in Congress, to start investigations into the corruption…
THAT is why many voted against raising the debt ceiling, including PELOSI…they are beginning to fear the Tea Party, what they will do…
But it may already be too late.
Be honest, doesn’t Colleen Thomas look more sane that this dude? Look at that facial expression!
The progressive elite, both Democrats and Republican, grew Government by 40% under Bush.
In 2006 Democrats swept Federal, State and local governments, and put growing government and regulation into hyperspeed.
In 2007 the parasite government, hindering job creating business changes at every level, finally overcame the dynamic that brings about wealth creation.
They made opening a new job creating business, as hard as climbing a mountain, and of course that resulted in few doing it.
Of course the housing bubble exploded once wealth creation tanked…
BUT, had the ruling class learned anything from history, the recession could have ended as a slight down blip…
Had they did what Reagan, JFK and Coolidge did, reduce Government’s restraint on private business, job creation wealth creation would have recovered and grew…
Instead they grew government, restraining private business even more…
Its not rocket science, its elementary common sense.
But requires honest politicians who love the country more than filthy lucre and corrupting power.
Those are two qualities progressives do not possess.
now tell me what your opinion on this is Dvorak!