Preserving American Power
June 10, 2011
Is the “American Century” over? I am asked this question in nearly every meeting and interview. The context will vary. One group will cite America’s perilous fiscal situation where we borrow funds to unsustainable levels and refuse to come together politically to solve the problem. Others cite a soaring Chinese economy that may overtake us by the end of the decade. Is America now a diminishing power?