Mt. Vernon Register-News

Opinion

October 19, 2013

America's not in decline, it's on the rise

(Continued)

Even more transformative, the United States is experiencing an energy revolution that the McKinsey Global Institute estimates could add as much as 4 percent to annual GDP and create up to 1.7 million new jobs by 2020. America is poised to overtake Russia as the world’s largest producer of oil and natural gas, and there are signs that low-cost and abundant energy is driving a revival of the U.S. manufacturing industry. Although the United States will have an enduring interest in stable global energy prices, it will no longer rely on direct and uncertain access to Middle Eastern oil, in sharp contrast to energy-starved countries in Asia.

In terms of hard power, the U.S. military is at the forefront of next-generation technologies, including unmanned systems, robotics and lasers. Even more superior than its hardware is its software: the command and control systems to conduct highly advanced joint operations and major wars.

The United States also remains the linchpin of the international community. Through hard-nosed diplomacy, economic pressure and the specter of military action, Washington has retained its ability to marshal effective multinational coalitions, bringing down Libya’s Moammar Gaddafi, getting weapons inspectors on the ground in Syria and embarking on serious negotiations to curb Iran’s nuclear weapons program. You can quibble with process and style, but it’s hard to argue that any of these would have happened without the United States.

More broadly, and most important, the United States is blessed with a superior combination of sound fundamentals in demography, geography, higher education and innovation. That ensures it has the people, ideas and security to thrive at home and on the world stage. There’s a reason elites around the world remain eager to send their fortunes, and often their families, to the United States.

Text Only
Opinion
  • Remember the pledge Editor:The county board chairman is not being factual with his recent comments concerning the Public Safety Tax Pledge made by the 2004-2010 County Board.First of all, the debt we were facing was caused by the foolish actions of nine board members of

    July 31, 2014

  • Back to the future for death penalty? The surreal national debate over the death penalty reached a climax of sorts July 23 in a prison execution chamber in Florence, Arizona. Double murderer Joseph Wood was put to death by lethal injection shortly after his lawyers went to the Supreme Co

    July 31, 2014

  • Reduce property tax Editor:The regular July meeting of the Rend Lake Conservancy District Board of Trustees is always interesting, and this year was no different. It is at this meeting that the board makes the annual tax levy for the district. Like every year, the debat

    July 31, 2014

  • Away from the tyranny ‘Without courage, we cannot practice any other virtue with consistency,” the late poet Maya Angelou reflected in an interview with USA Today in 1988. “We can’t be kind, true, merciful, generous or honest.”What a poem Angelou might have written about

    July 31, 2014

  • No Headline Provided House and Senate conferees have agreed on a $17 billion bill to address the scandal over poor health-care service at the Department of Veterans Affairs. The legislation is now on a fast track to pass Congress before its August recess, showing that Re

    July 31, 2014

  • Shackled by 'dead men' In theory, the American people’s elected representatives decide every so often how much to tax the public and how to allocate the revenue among various priorities, both short-term and long-term. In practice, however, Congress and the president have a

    July 31, 2014

  • Close the tax loophole that sends US corporations overseas Since we last overhauled our federal tax code, in 1986, countries around the world have lowered their tax rates, leaving the United States with the highest corporate tax rate in the developed word. At the same time, the system has become full of inef

    July 29, 2014

  • Israel and the U.S.: Whose survival instinct is stronger? There’s something darkly coincidental in the fact that the latest weapon to be deployed against the survival instinct of both Israel and the United States is an alleged “heartlessness” when it comes to children. The people of Israel are castigated in

    July 29, 2014

  • College cost isn't big problem for poor students To judge by this summer’s banner policy proposals, the most important question for higher-education reform right now is giving students easier access to loans. But evidence from Canada suggests those changes won’t address the greater need: Getting mo

    July 29, 2014

  • Ducks, geese a blessing I would like to respond to the “Geese and ducks causing problems in Veterans Park” article that was published in the Mt. Vernon Register-News on July 16, 2014. I must share that I do understand that at times there have been a great number of the Cana

    July 29, 2014

Twitter Updates
Facebook
Stocks