Thomas Friedman’s latest piece in the New York Times is one of those double edged sword deelios. He says what we fundamentally know to be true and his message could not be any more clear. And that’s the rub. It’s Thom “freakin'” Friedman. The guy that loves to lecture us about our excesses and foibles from high aloft his wife’s money pile that he would like us to forget about. But give The Devil his due.
His opening two paragraphs should be a clarion call to all of us:
China is doing moon shots. Yes, that’s plural. When I say “moon shots” I mean big, multibillion-dollar, 25-year-horizon, game-changing investments. China has at least four going now: one is building a network of ultramodern airports; another is building a web of high-speed trains connecting major cities; a third is in bioscience, where the Beijing Genomics Institute this year ordered 128 DNA sequencers — from America — giving China the largest number in the world in one institute to launch its own stem cell/genetic engineering industry; and, finally, Beijing just announced that it was providing $15 billion in seed money for the country’s leading auto and battery companies to create an electric car industry, starting in 20 pilot cities. In essence, China Inc. just named its dream team of 16-state-owned enterprises to move China off oil and into the next industrial growth engine: electric cars.
Not to worry. America today also has its own multibillion-dollar, 25-year-horizon, game-changing moon shot: fixing Afghanistan.
What is the world coming to? We agree with Friedman for showing us what the world is coming to. What a world. What a world.