I think the Administration needs to give some additional and careful thought to having a more balanced response to this challenge.
Editor's note · Context
Sarbanes urges the Administration for a more balanced response to the crisis.
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More from Paul S. Sarbanes
This was a decision by the Bank of Japan, the Government, not by private Japanese investors about the strength of the American economy.
This deficit requires us Americans to borrow about $2 billion from foreigners every working day. No expert I know believes that this is sustainable.
In my view, a Secretary who forges meaningful partnerships to foster peace or reduce global poverty and hunger, promote democratic values, and address emerging threats can set our country on a course to greater security and prosperity.
I started the application process, eventually achieving a coveted nomination to the U.S. Naval Academy from Senator Paul Sarbanes.