Economics & Global Affairs

8 Items

President Barack Obama delivers his Middle East speech at the State Department in Washington,  May 19, 2011.

AP Photo

Analysis & Opinions - The National Interest

The End of the American Era

| November-December 2011

"...[T]he biggest challenge the United States faces today is not a looming great-power rival; it is the triple whammy of accumulated debt, eroding infrastructure and a sluggish economy. The only way to have the world's most capable military forces both now and into the future is to have the world's most advanced economy, and that means having better schools, the best universities, a scientific establishment that is second to none, and a national infrastructure that enhances productivity and dazzles those who visit from abroad. These things all cost money, of course, but they would do far more to safeguard our long-term security than spending a lot of blood and treasure determining who should run Afghanistan, Kosovo, South Sudan, Libya, Yemen or any number of other strategic backwaters."