Thursday, June 16, 2005

Rohatyn Weighs In

A WSJ Op-Ed today, "A Trust Fund for America" by Felix Rohatyn, who practically single-handedly bailed NYC out of it's fiscal crisis(was that in the 60's or the '70's?), is pure genius. No, we certainly can't outrun China by manufacturing cheaper T-shirts. There needs to be money to re-train people for today's new markets; and that kind of investment benefits everybody.

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