America is back. Despite Washington. Despite lousy leadership. Despite the rise of other great powers. Back because its economy is resilient. Back because the other great powers are each facing deep challenges at home — from European coherence to corruption and the slowing growth of job creation in China. Back because America remains a hotbed of innovation. Back because the fiscal deficit that threatened it has receded along with the recession that stirred up fears. Back because it proved that even at a low point in political creativity, the country could flourish — especially in light of the fact that that low point is likely to end soon.
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