THE U.S. military trains its fighter pilots on a principle called the “OODA Loop.” It stands for observe, orient, decide, act. The idea is that if your OODA Loop is faster and more accurate than the other pilot’s, you’ll shoot his plane out of the sky. If the other pilot’s OODA Loop is better, he’ll shoot you down. Right now, our national OODA Loop is broken. We’re are doing something crazy — taking the country back and forth to the financial brink to produce suboptimal, midnight compromises without any overall plan for how this will lead to growth in the world in which we’re living. We’re doing the worst thing a country can do — cutting taxes and spending without a plan. Maybe you can grow without a plan. But if you want to ensure that every scarce dollar gets the biggest bang, you can’t cut without a plan. It’s deciding and acting without observing and orienting. It’s how fighter pilots get shot down.

President Obama, by his own admission, focused his campaign almost exclusively on the need to raise taxes on the wealthy, and the Republicans focused theirs on lowering them. But neither one offered the country what we need most: a description of what world we’re living in, what is new, and how we maximize our ability to compete and grow in this world — and then offering up a comprehensive, detailed plan of appropriate phased-in spending cuts, tax reforms and investments in research, infrastructure and early childhood education to create more good jobs and the workers to fill them.

What world are we living in? It’s a world in which we face three major challenges: responding to the merger of globalization and the information technology revolution, which is changing every job and workplace; dealing with our mounting debt and entitlement burdens, driven by steadily rising health care costs and unsustainable defined benefits; and, finally, developing energy sources that can grow the world economy without tipping it into disruptive climate change. (At one point last week, the Senate approved a $60.4 billion aid package to help New York and New Jersey recover from Hurricane Sandy. If fully implemented, that would mean we’d spend on one storm all the new tax revenue for next year that the House and Senate just agreed to in the fiscal-cliff negotiations.)

Image Thomas L. Friedman Credit... Josh Haner/The New York Times

What each party should be saying is, “Given this world, here are the specific tax reforms, spending cuts, investments and policy innovations we need to grow our middle class, sustain our retirees and shrink inequality.” Instead, we have no leaders ready to trust the public with the truth, so both parties are shooting themselves in the foot and our future in the head. As Matt Miller, author of “The Tyranny of Dead Ideas” noted in The Washington Post, “Republicans haven’t identified anything remotely equal to the savings we need. And because many liberals haven’t thought through the long-term budget implications, or wrongly assume that taxes can rise indefinitely or that the Pentagon can be shrunk to something less than a triangle, they resist sensible steps to slow the growth of Social Security and Medicare, not realizing that this course will assure before long that there isn’t any new money to spend on, say, poor children.”