Worth reading, based on the bits excerted below. But won't be, sadly, by many because it's hiding behind their subscription wall.
I believe in the lost tradition of American politics, the tradition of Hamilton, Lincoln and the Bull Moose. In other words, I believe that social mobility is the core of the American experience. I believe that society should be structured so that as many boys and girls as possible can work, and rise the way young Hamilton and Lincoln did.
If something is going to make American society more fluid and dynamic, then I am for that thing. That's why I love globalization, even while I am aware of its costs. I love the fact that American businesses are going to be improved via competition with Chinese and Indian rivals. I love the fact that to compete we are going to have to reform our lobbyist-written tax code into something flatter and fairer. I love the fact we'll have to make health insurance competitive and portable, so workers can move and companies can thrive.
I can't believe people want to shield America behind the walls of "fair trade agreements." I can't believe some people think we're going to be overrun by those hustling Asians. Americans are the hardest-working people on earth and the most mobile. American manufacturing output is twice China's and it's growing at 4 percent a year.
China isn't going to bury us. It's going to make us better and richer; it's going to open more opportunities than it closes.
Like Alexander Hamilton, I love the dynamism of capitalism. And like Alexander Hamilton, that doesn't mean I hate government. I love government when it lifts people up to compete. I hate government only when it stifles competition and coddles. I hated the old welfare system, which pushed its victims away from work. I love welfare reform, which encourages work. I hate government that directs ever more money to the affluent elderly, but I would love a government that gave poor children savings accounts at birth, which would encourage them to think about the future and understand that their destiny is in their own hands.
NYT - tear down that wall!
