Doomsayers Are Wrong: Don’t Count Out U.S. Economy
Originally published in t he Washington Times, January 14, 2008. Used with permission of Michael R. Czinkota and t he Washington Times.
Worldwide commentary would make it appear as if the United States has become a global economic burden. The current decline of the dollar leads to dire predictions of sharply reduced military strength and shrinking political influence. These commentators are sadly mistaken.
For them, endurance typically refers to the upcoming weekend. Such forecasters need to consider for the United States what other nations have long asserted for themselves—a perspective framed ...
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