2013: Welcome To Very, Very Scary Times

On the One Hand…

These should not be foreboding years. The U.S. is in the midst of a veritable energy revolution. There is a godsend of new gas and oil discoveries that will help to curtail our fiscal and foreign policy vulnerabilities — an energy bonanza despite, not because of, the present administration.
Demographically, our rivals — the EU, China, Russia, and Japan — are both shrinking and aging at rates far in excess of our own.

In terms of farming, the United States is exporting more produce than ever before at record prices. Americans eat the safest and cheapest food on the planet.

As far as high-tech gadgetry, the global companies that have most changed the world in recent years — Amazon’s online buying, Google search engines, Apple iPhones, iPads, and Mac laptops — are mostly American. There is a reason why Mexican nationals are not crossing their border into Guatemala — and it is not because they prefer English speakers to Spanish speakers.

Militarily, the United States is light years ahead of its rivals. And so on…

The New Poverty Is the Old Middle Class

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