U.S. Competitiveness Crisis: Myth or Reality?
ARMY WAR COLL CARLISLE BARRACKS PA
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For nearly fifty years all of Americas vast resources were directed toward one purpose containing the Soviet Union. As dramatic changes loomed over the horizon, we began looking at how to restructure our military component of national power to cope with the changing global environment. People argue that the most important measure of a nations basic power potential is now economic health, i.e., competitiveness. The other two tenets of national power, political, and military, intertwine with economics to a large degree. So, who owns the twenty-first century This is a question being debated in economic circles virtually every day. Some classify the U.S. as a world-class laggard in world competitiveness. The U.S. is in decline, they say. But are we truly economic has-beens Some think not. The quantity of pro and con economic statistics clearly gives a muddied impression. This paper examines U.S. economic competitiveness from both views, i.e., a half-full and a half-empty perspective. Americas ability to sustain a global role and maintain its own security is predicated on economic vitality. We remain the envy of the world and our dominance, although tarnished by those who espouse it decline speak is nevertheless solid.
- Economics and Cost Analysis
- Government and Political Science