Is America Competitive?
WASHINGTON — Starting with Sputnik in 1957, Americans have suffered periodic bouts of competitiveness anxiety. Who imagined the Soviets would orbit the first Earth satellite? After the Soviets, it was the Germans in the 1970s, then the Japanese and even South Koreans in the 1980s. We lagged in technology, management and overall economic vitality. Could we restore our competitiveness?
It's happening again. The latest fright stems from the sluggish economy — especially lingering high unemployment from the Great Recession — and China's stunning rise. Already, 53 percent of Americans…
Source: http://www.realclearpolitics.com/articles/2012/02/17/is_america_competitive__113166.html
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