My Blog

I believe the most important thing Americans must do is secure their economic well-being in an increasingly challenging, complex world. All the arguments about culture (school prayer, the flag, etc.) are fine for other Americans to have—and they are a healthy sign of democracy. But they are beside the point. What I have written about all these years is the process of creating wealth, not for any one individual, but for the United States as a whole. Ever since I was a young correspondent witnessing the emergence of China, just after the country opened in 1979, I've held the opinion that we have to get more serious about increasing the wealth of the U.S. That means focusing not only on how our corporations are run, but also on innovation and productivity/competitiveness. Despite the predicament in which we find ourselves today (and I think we face a tough five-year economic restructuring, not a mild recession), I retain faith in the resiliency of the U.S. economy and the enterprise of American people. If Americans have the right facts, and focus on the task at hand, we can once again get serious about creating wealth, not just playing funny money games. So come with me on this journey as I explore the complicated issues involved in creating a real American economic recovery.