Posted on 05/01/2022 12:46:25 PM PDT by Wuli
The 21st century so far hasn’t been the best of times for America. First 9/11, then a financial crisis and deep recession, then a global pandemic without recent precedent. The economy has suffered, and politics has been upended. American self-confidence has been badly bruised, and public trust in institutions has plummeted. What can we do about it?
That’s the question that John Cogan and Kevin Warsh, both policy veterans and Journal contributors, asked themselves in September 2020 when prompted by former secretary of state Condoleezza Rice. She had just taken over as director of Stanford University’s Hoover Institution, where both men are affiliated, and she made a pained but probing observation.
As Mr. Warsh tells it, Ms. Rice said that while “people know what we conservatives believe about economic policy, it doesn’t seem like we’re winning. It doesn’t seem like we’re persuading people.” American policy makers and businesspeople, and leaders around the world, “are less sure why we believe what we believe, and they’re less sure why they should believe it, too.”
The two men treated Ms. Rice’s lament as a challenge and set out to write what Mr. Cogan describes as “a call to action.” Titled “Reinvigorating Economic Governance” and just released, it outlines a policy framework based “on our nation’s foundational principle of natural liberty.” Governments at all levels, Mr. Cogan says, aren’t dealing effectively with America’s challenges: “It’s because economic policy has strayed from what I think of as the first principles.”
[snip]
Those foundations—Mr. Cogan’s first principles—are private property rights, the rule of law, free and competitive markets, and limited government. The last includes “subsidiarity,” meaning that no central authority should do what can be done by a more local body, and no public institution should do what can be left to private enterprise.
(Excerpt) Read more at wsj.com ...
https://www.wsj.com/articles/the-man-who-understood-democracy-book-review-history-politics-notes-from-america-11651245341?st=wmldxy51edoukg0&reflink=desktopwebshare_permalink
They should include Americas decline in moral clarity. The Struggle between Right and Wrong needs Truth as a Value.
If we reset the Fed Gov to 1800’s only without slavery, I’d be fine with that.
There should have beem a sixth: religious liberty.
Rice is likely to be the main Bush/Cheney/Romney faction’s candidate.
America is a much different place today than it was not all that long ago. Different in terms of demographics, culture, political views, and even morality. Our social fabric and attitudes have changed profoundly. We don’t cherish the things we once did. JMHO
Pls see my #6.
the LEFT has moved on from equality
equity(equal outcomes) is the new principle
who decides the outcome? why govt of course
pure tyranny
""...Mr. Cogan’s first principles—are private property rights, the rule of law, free and competitive markets, and limited government. THE LAST INCLUDES “SUBSIDIARITY,"... "
There should have beem a sixth: religious liberty.
Wonder where these guys come down on free trade. A good test would be to ask them if they like tariffs.
America’s first principal is GOD!
Our country has been under attack since before it was established.
If we don’t stop the invasion, we won’t have a country.
“Rice is likely to be the main Bush/Cheney/Romney faction’s candidate.”
That idea that would be a shame to be used to inspire someone to not read the whole article. The Hoover Institution has been home to more than one highly principled Conservatives including the great Thomas Sowell, among others.
America needs to return to God. He alone can heal our land.
Stuff your “Conservative” crap. The Shrubs, Mittens and Traitor John a claim it as a shield.
It’s MAGA now.
America First.
In a normal world DeSantis/Rice would be a good balanced ticket, but after Dick Cheney and Mike Pence, I don't trust a non-MAGA anymore than Khamanei, so it's either Trump/DeSantis or DeSantis/Greene.
Good luck with that. We/re coming to the cul de sac on the road to perdition.
The rot that has been accepted and caused by the criminally corrupt while they weaponize agencies and turn them inward against its people cannot be solved by a nicey nicey approach, its entrenched, its evil and it will not go quietly.
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