Do you remember when our economy was in the tank in the late 70's and Japan Inc. was on the rise? Does anyone remember the talk of the end of US dominance, the superiority of the Asian model, the laziness of the American worker? I do.
But the talk stayed talk. Japan tanked in the 90's. The internet (Al Gore's contribution to the world) unleashed world productivity---but mostly US.
Lots of talk in Europe these days about the end of US dominance, the end of "Anglo-American Capitalism". Guess what. This too shall pass. We'll figure it out and we'll come through it. Still at the top.
Wednesday, October 1, 2008
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1 comment:
The global economy depends on our economy, so there is no doubt that we will bounce back, notwithstanding the do-nothing congress and the greedy corporate bastards (clean?).
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