The Rise of the Rest
It's true China is booming, Russia is growing more assertive, terrorism is a threat. But if America is losing the ability to dictate to this new world, it has not lost the ability to lead.
Generations from now, when historians write about these times, they might note that by the turn of the 21st century, the United States had succeeded in its great, historical mission--globalizing the world. We don't want them to write that along the way, we forgot to globalize ourselves. Full Story »
Posted by Stephen Pizzo
The author says globalization has not hurt American jobs because unemployment remains low. I think comparing the jobs we’ve created to the jobs we’ve gained could change this perspective—especially looking at income levels. Also, I think taking Labor Department unemployment figures as gospel, without examining how they figure them, is a mistake. Our employment is not as low as they’d have us believe, but is more the product of Enron-style accounting.