This originally posted last December. Here’s more optimism from Townhall.com’s John Hawkins:
We may move slowly, but we will eventually adjust. What Winston Churchill said about Americans is all too often true, “Americans can always be counted on to do the right thing…after they have exhausted all other possibilities.” As a nation, we have a terrible habit of waiting until a crisis strikes before we take decisive, albeit poorly-thought-out action to deal with it. Then over time, we get around to dealing with the devils in the details. In other words, we tend to take a lot of damage that could have been prevented with quicker action, but history shows that we do eventually address our problems.
We’ve been through bad times before and we’re still here. This country has survived a Revolutionary War against the world’s most powerful nation that was fought in our own territory, another fight against the Brits during the War of 1812 in which they burned the White House and came close to capturing the American northeast, a Civil War that pitted the northern and southern halves of the country against each other, not just one, but two world wars, a decade long Great Depression and a Cold War against the Soviet Union in which we had enough nuclear weapons pointed at each other to wipe out life on earth. After all that, we’re still standing strong. A debt driven crisis could make things very tough for us over the next few decades, but our history says we’ll pull ourselves up by our bootstraps when it’s over.