Dambisa Moyo an economist and author who was a guest on CNN’s “Your Money” on Sunday suggested that the United States change it’s entire political structure in order to fix the economy. We should be more like China. The President & Congress should serve longer terms to allow for more “long-term thinking” in regard to the economy. According to Miss Moyo, not doing so leads to “short-term” thinking which is the kind of thinking that doesn’t allow for any long-term strategic planning in regard to the economy.
Oh, to be more like China.
These suggestions come at about the 2:20 mark in this video.
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