The Great Recession: What Will You Tell Your Grandchild?

It is the year 2040. You are sitting with your granddaughter. What will you tell her about the early 2010s, when you lost your job?

You will say that we had the Great Recession, and that bad policies played a role. But will you be able to add that we elected politicians who rose to the challenge and forged a new social compact—one with fewer billionaires but more decent jobs, one with less unsustainable welfare but more family and community support for the poor and the elderly?

Could this be our future past?

I think it could be. To make the needed improvements, we must focus on three key concepts: government, economics, and virtue.

http://www.thepublicdiscourse.com/2012/01/4493