Breath easy, they're so far off on a starboard tack and no one's with them - we've got the tiller now, and we're on a broad reach to BRT and lightrail!
There's no such thing as "global warming," our scientists deserve equal time...
...the future competitiveness and standard of living of America depend on our peoples' skills, their capacities to communicate and solve problems, and innovate -- not their ability to borrow money.
It's our human capital that's in short supply. And without adequate public funding, the supply will shrink further. I'm not saying funding is everything, but without it we can't attract talented people into teaching, keep classrooms small and give our kids a well-rounded curriculum, and ensure that every qualified young person can go to college.
So why are we bailing out Wall Street and not our nation's public schools and colleges? Partly because the crisis in financial capital is immediate while our human capital crisis is unfolding gradually. But maybe it's also because we don't have a central banker for America's human capital -- someone who warns us as loudly as Ben Bernanke did a few months ago of dire consequences if we don't come up with the dough.