YSAToday,Washington Times,March 11,2009 et al

USA Today,March 11, 2009 page 1A:

21% of Americans scramble to cover medical and drug bills. That is about 1/5.

Page 5A: The biggest problem is the cost of health care in USA. So true as far as I am aware of the real situations.

Washington Times page A6:

Paul Krugman,the Nobel Laureate in Economic Science 2008 won't bet on Obama's optimistic growth forecast. Harvard Economics Professor Greg Mankiw thinks that Mr. Obama's growth forecast are overly optimistic and that the federal deficit will be a lot larger than Obama thinks. Krugman attacked Mankiw and Mankiw suggested to place a wager in it. Who really knows? Nobody would impugn,indeed!

Professor John K. Galbraith's seasoned aphorism:" There are those who don't know and those who don't know they don't know." Such expression would be fitting and proper to describe the views of two renowned economists.

Washington Post,March 11, 2009 page A15:

Andrew Grove who has taught strategy at Stanford University Graduate School of Business.

"Leading an organization,let alone a society, out of the chaos phase and into a new order requires explicit clear and consistent messages from the top. The leader must paint a picture of the new and fill in lots of detail so that all relevant parts of society understand what they need to do to contribute. The answers to the questions "What is wrong?" "What are we going to do" "How are we going to do it?" and "What should we expect?"

I heard the answers from our top leader already.

First things first. Strive to achieve stability in our financial system. When the momentum is clear enough to allow trust in the system to return, then tackle the next mega-problems. As Machiavelli said, "One change always leave the way o pen for the establishment of others."

I heard the above as well from our leaders. I would be patient to watch the development as sequels during the course of time.

Francis Shieh a.k.a. Xie Shihao, a student observer about Sino-American Economics on Wednesday,March 11, 2009 at 3.28 p.m.