Showing posts from November 22, 2011

America's Long-Delayed Pacific Century

Published on The National Interest ( Source URL (retrieved on Nov 21, 2011): America's Long-Delayed Pacific Century |More[1] | November 21, 2011 Leon Hadar [2] When President Bill Clinton was hosting the Leaders Summit of the Asia-Pacific Economic Cooperation (APEC) forum in Seattle in 1993, the Middle East started to feel like old news. Resisting pressure to oust Saddam Hussein and to launch new military campaigns in the Middle East, Clinton promoted a trade-liberalization agenda in East Asia and tried to transform APEC from a "talking shop" into a pillar of an Asia-centric foreign policy. But when President Barack Obama hosted the leaders of the APEC forum in Honolulu, Hawaii, close to two decades after the Seattle Summit, it felt like a diplomatic Groundhog Day, with U.S. officials insisting once again that the time has come to shift American global priorities

When leaders fail to lead

Business Times - 23 Nov 2011 When leaders fail to lead America's politicians have not been able to muster the will to make unpopular and painful decisions By LEON HADAR WASHINGTON CORRESPONDENT TO no one's surprise, the US congressional Super Committee ended its effort to put America's fiscal house in order ended with a whimper. The Democratic and Republican members of the special deficit-reduction committee admitted that after three months of work, they had failed to meet the deadline for an agreement on cutting about US$1.2 trillion from the US national debt - which topped US$15 trillion last week. The mountain could not even give birth to a mouse. In a way, not unlike their counterparts in the eurozone, the members of the America's political class have not been able to muster the will to make the unpopular and painful decisions that require slashing government spending (by eliminating public services) and raising new revenues (by increasing the tax burden), displayin