Thought this was an interesting take on things amidst the current doom and gloom.
woohoo.
A little over-optimistic in his take away, but there were some specifics listed that I was unaware of, and it is nice to see some positive. This is the kind of article that the admin should make sure is widely read, as optimism, or lack thereof, will be a big factor in how Obama fares next Nov.
It is almost the only economic power with a fertility rate above 2.0 - and therefore the ability to outgrow debt - in sharp contrast to the demographic decay awaiting Japan, China, Korea, Germany, Italy, and Russia.
This…not saying we can outgrow our debt but demographics ALWAYS explain the past and tell the future.
Nice read. I’m an optomist.
It would be nice to be back and be humbler too.
the lead off argument was the spectacular growth potential of fracking - fracking: which also destroys the water supply - but I’m willing to overlook that if we can get back to the top of the heap again
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