Can't say there's anything I disagree with anything in this piece by Bush 43, "The Surest Path Back to Prosperity." LINK to the WSJ.
What it leaves out however is the support that government has historically provided to key infrastructure needs of an economy and in research and development and education. The challenge for the United States is that these components have been neglected for too long. Will an Obama administration be able to hold the line on regulation, believe enough in the power of entrepreneurship, yet also provide the right investment in the right places (like a new energy grid and funding for science and education)?
Here's an article on investing in innovation by Henry and Manzi that goes to the heart of why Bush's half side of the equation is dangerous in its ommissions: LINK (via Kirsner LINK)