Word: problems
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Almost everyone seems to think that these mounting debts are a severe threat to American prosperity. But what if the real problem isn't too much debt but too much anxiety about debt...
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 isn't how much debt we're carrying today; it's whether the economy of tomorrow will be able to justify...
...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 meet our real challenges. America's problem isn't large clothing; it's a body politic that is sliding into dangerous habits. Obsessing about the debt is a distraction we can't afford...
...violence. "The Americans say they came here to build democracy, but what kind of democracy is this?" asks Saleh al-Mutlaq, the leader of the country's second largest Sunni Muslim party and one of the banned candidates. "The Americans brought Ahmad Chalabi to Iraq. They should solve this problem, or they should just leave." (See TIME's Iraq covers...
...insists that the Taliban are not fighting to regain power. "Mullah Omar says he doesn't want to destroy [Karzai's] government, but only to repair it." But, he adds, "Mullah Omar also wants to free the country from the foreigners." (See a story about Afghanistan's drug problem...