Japan and the US: Ad Hoc War, Ad Hoc "Recovery"

Even now, there is no strategy for "winning," and the word itself has been lost from the official vocabulary. It's not a "war," so there's no "winning." The sacrifice of the troops is not a consideration to the U.S. leadership, anymore than it was in the Imperial leadership. The trillions of dollars of national treasure squandered on an ad hoc war is also no consideration; every sacrifice will be demanded of the Military and civilians to avoid admitting the war was a tragic mistake, the result of hubris, heedless dogmatism, and a preference for domestically attractive fantasies rather than strategic imperatives and rigorous planning.

The "recovery" engineered by Bernanke and his cronies is just as ad hoc as the Japanese policies of the past 21 years. The same disastrous reliance on endless borrowing and Keynesian "stimulus" to prop up a failed status quo which is no longer aligned with global or domestic realities is now the "policy" of the U.S. leadership.

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