America’s economic outperformance is a marvel to behold
But the country could still undercut its own success
American economic declinism is a broad church. Voices on the right claim that big government has stifled the frontier spirit and that soaring debt has condemned future generations to poverty. The left worries that inequality and corporate power have hollowed out the economy. In a rare display of unity, all parts of the ideological spectrum bemoan the death of American manufacturing and the crushing of the middle class.
This article appeared in the Briefing section of the print edition under the headline “From strength to strength”
Briefing April 15th 2023
From the April 15th 2023 edition
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