James Pethokoukis asks the question,
Whether the thesis is true or not, Chua’s critique still manages inadvertently to capture the essence of what’s wrong with U.S. economic policy. Too much spending and consumption today, too little savings for investment tomorrow. A dysfunctional education system. A tax code that rewards lobbying over productivity.
Americans need to demand more of themselves and of government, even if that means some days of unpleasant sacrifice. Chinese mothers, according to Chua, set high expectations of their children because nothing helps confidence like achieving what didn’t seem possible. That spirit would serve the United States well about now.
And not too soon.
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