Thursday, 20 May 2010

Declining Declinism

I enjoyed this article because instead of all the other articles i read online this one was different in a sense that it is not all doom and gloom and it is not the end of America. "its best days are behind it" one historian said but as history as shown this sort of economy landscape has happened more than once before and America has pulled its way through and people can not predict the future in the 60's has the cold war a ivy league historian said that declinism was happening then. This was before the huge Internet boom which helped out the economy.

This article makes it seem that even though it is going through a rough time at the moment America with get through this and come out the other side. still the one last remaining super power.

"Don't believe the historians and economists who say America's best days are behind us." is the title to the article which shows this piece of work is different from others. it covers allot of the main issues that have come together to create this declinism. such as war. the debt.

Daniel Gross the writer of this article makes it seem that any day now America will pick it's self up and launch its self into "an unprecedented era of growth, prosperity, and rising asset prices."

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