February 18, 2011

Paragraph of the Day

From Walter Russell Mead's blog about the events in Madison:

We might be able to stave off collapse for a little while if we retreated to protectionism and fortress America: ban cheap imports from overseas and otherwise cut ourselves off from the global system we have done so much to build. I will save the case against this strategy for another series of posts; suffice it to say for now that it is harder to imagine a surer road to misery, poverty and global wars on an unprecedented scale than for the US to take this dangerous path. It is probably the most destructive as well as the most evil and unjust thing that we could do. The results would be devastating on a scale that could eclipse the horrors of World War Two both for us and for all the people around the world who rely on American power and economic health to preserve what fragile stability and prosperity human beings have managed to achieve.
Media and Blogging Posted by Boulder Refugee at February 18, 2011 5:21 PM
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