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Let's take a closer look at the numbers. The amount the U.S. pays to service the national debt isn't particularly onerous. In fact, interest payments in 2010, which so many have touted as approaching $500 billion, are not much different in inflation-adjusted terms from what servicing cost...
Worrying about debt is like gaining too much weight and worrying about the size of your clothing. America's indebtedness would be sustainable and even healthy if the underlying economy were vibrant, innovative and strong and if federal and state governments could channel those moneys productively and quickly. The problem...
And that is the real nub: America isn't investing enough in its future. We are failing to mobilize resources to improve our health care and infrastructure and stay competitive in a global economy that is more clamorous than ever. Focusing on how much we owe won't help us...
The kickbike market is still small: Americans buy about 15,000 a year, vs. 15 million bicycles. But sales have grown steadily, even though in the U.S. they're sold almost exclusively online, with no advertising, by skeletally staffed e-tailers like Diggler and SidewalkerUSA. "I do need to push...
Baqubah, the capital of Iraq's Diyala province, is a largely colorless place except for the winter orange harvest and the hundreds of campaign posters that line its streets. But at least the sectarian battles between Sunnis and Shi'ites that once raged through the city are now confined mostly...