January 28, 2013

Is America in Decline? Wrong Question

Robert Samuelson, Washington Post

AP Photo

The American Century is dead. Long live the next American Century. The subtext of political debate these days is that the United States is in decline - a proposition often portrayed as self-evident. The economy lacks dynamism; unemployment near 8 percent remains at recession levels. The president and his Republican critics barely talk to each other; stalemate seems unending. But what if America isn't in decline? A powerful rebuttal comes from an unlikely place: Wall Street.

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TAGGED: Eurozone, Europe, China, Japan, United States

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