In Politics and Economics... yes, humility is no less a virtue...

Have we not been through this before? Should we continue to insist on the "bigger, more and sooner" socio-economic culture? Indeed, unless we first admit ownership of what has become our tendency to the point where we even glorify obscene excesses (and that doesn't mean only by those financially empowered)... "free enterprise" will become even more the oxymoron that it is. It is not "free", it never was... and what is worse is that, at the rate American capitalism is going, those with less will inversely be burdened with the most in future costs.

Our political system was designed to primarily prevent such inequities, instead it has become significantly influenced by far too many special interest groups, its role entrenched in complex bureaucracies. Our foremost need therefore is to redefine our socio-economic values... from individual, to community, government and together as a nation... guided by policies uniformly applied, regularly reviewed and new provisions applied before they are deemed impractical as in varying degrees, some will turn out short-sighted, others eventually outdated.

Indeed, as a society in general, we have let greed and complacency taint our ways rather than let uphold earnestness and conscientiousness. The sooner we own up to the said pitfalls, the sooner we can regain our social and economic footing. Change is never too late. Let's afford ourselves a renewed sense of rightly guided dynamism.

Suggested read/review... Ayn Rand's timeless "Atlas Shrugged":

http://www.en.wikipedia.org/wiki/Atlas_Shrugged