Wednesday, December 29, 2010

"End Of American Era? Don't Count On It"

By VICTOR DAVIS HANSON

"The current debt, recession, wars and political infighting have depressed Americans into thinking they soon will be supplanted by more vigorous rivals abroad. Yet this is an American fear as old as it is improbable.

In the 1930s, the Great Depression supposedly marked the end of freewheeling American capitalism."

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