Sunday, June 28, 2009

The United Printing Press, er, States of America :-(

Every once in a while, the master manipulator of metaphors, Thomas Friedman, comes up with something really, really good. Like this from his column:

Sometimes, I worry, though, that what oil money is to Russia, our ability to print money is to America. Look at the billions we just printed to bail out two dinosaurs: General Motors and Chrysler.

Lately, there has been way too much talk about minting dollars and too little about minting our next Thomas Edison, Bob Noyce, Steve Jobs, Bill Gates, Vint Cerf, Jerry Yang, Marc Andreessen, Sergey Brin, Bill Joy and Larry Page. Adding to that list is the only stimulus that matters. Otherwise, we’re just Russia with a printing press.
Hey, give credit where it is due, eh!

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