by Marilou Moursund on July 13, 2010

in Credit Crisis,Fiscal Policy,Recommended Reading

One of the key lessons learned during the bear market of 2000-2002 was humility, and this lesson helped get us though the recent financial crisis and market meltdown.  However, it is also possible to be confident when you are humble.  When I read this definition of hubris on Wikipedia, I keep thinking about our current leadership in Washington and the difference between arrogance and confidence. 

A strong America with a vibrant economy has been a force for good during the past century, and it will take confident yet humble leadership to restore this pattern of strength.  Arrogance and the politics of personal destruction are not a winning combination – just look at Achilles’ track record.

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