Tom Paine 1949
Diamond Member
- Mar 15, 2020
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While this may hold true today, the world is in fact rapidly changing.
America has lost a great deal of the advantages it had in the past (such as Boeings former position in the aviation industry)
If Communist China's government can both rule with an iron fist and manage capitalism then America and the dollar is in trouble long haul.
As if that's not enough, reckless fiscal policy is burning the other end of the candle simultaneously.
I don't see where the new and improved diverse America has the integrity and stamina to keep up a meaningful fight.
No one wants to work. Everyone wants a get rich quick scheme or to be a star / influencer. It's unrealistic ....but then I present Modern America.
Nobody can prevent the world from changing …
Seriously, the unique position the U.S. had after WWII left the rest of the leading countries of the world in ruins is certainly past. That was always unsustainable. It is important to recognize that the dollar has held up much better than U.S. exporting industries have as a whole.
European competition (as in the case of Boeing) is certainly not a problem. They are allied democracies! Both international economic competition and economic trade and cooperation are natural, inevitable and healthy.
The Chinese are far behind in this particular industry (despite terrible self-serving Boeing management in recent years) and in other industries the West is finally taking Chinese economic competition more seriously. This is necessary so long as China remains a one-party, even a one-man, dictatorship which does not allow basic freedoms of speech, etc.
I certainly agree U.S. society and politics is a divided mess, and this threatens our position in the world as well as our very democratic freedoms. This is not the best place to go into all that, at least in my opinion.
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