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Thread: Obama acknowledges decline of US dominance

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    Obama acknowledges decline of US dominance

    MUMBAI: Implicitly acknowledging the decline of American dominance, Barack Obama on Sunday said the US was no longer in a position to "meet the rest of the world economically on our terms".

    Speaking at a town hall meeting in Mumbai, he said, "I do think that one of the challenges that we are going face in the US, at a time when we are still recovering from the financial crisis is, how do we respond to some of the challenges of globalisation? The fact of the matter is that for most of my lifetime and I'll turn 50 next year - the US was such an enormously dominant economic power, we were such a large market, our industry, our technology, our manufacturing was so significant that we always met the rest of the world economically on our terms. And now because of the incredible rise of India and China and Brazil and other countries, the US remains the largest economy and the largest market, but there is real competition."

    "This will keep America on its toes. America is going to have to compete. There is going to be a tug-of-war within the US between those who see globalisation as a threat and those who accept we live in a open integrated world, which has challenges and opportunities."

    Obama acknowledges decline of US dominance - The Times of India
    So here we go....Before this trip, I thought to myself, just another apology, America sucks tour stop. But this seems to go further now. Obama seems to relish in the idea of unpegging America as a superpower. So my question is how do you see it? Are we the dominant force in the world anymore? And should we be?


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    Re: Obama acknowledges decline of US dominance

    Obama seems to relish in the idea of unpegging America as a superpower.
    What you think obama wants is irrelevant. American decline has been a given for a couple decades. If anything it shows he has a grip on reality.

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    Re: Obama acknowledges decline of US dominance

    Quote Originally Posted by j-mac View Post
    So here we go....Before this trip, I thought to myself, just another apology, America sucks tour stop. But this seems to go further now. Obama seems to relish in the idea of unpegging America as a superpower. So my question is how do you see it? Are we the dominant force in the world anymore? And should we be?


    j-mac
    I guess my first question is how is admitting reality an apology?

    Now to answer your questions.

    1. I believe that America is growing more slowly while other, less developed, countries are catching up. This means the balance of power is shifting.
    2. I would like the US to continue being the dominant power because I believe our society is much more moral than China's, but there is no denying their economic growth.

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    Re: Obama acknowledges decline of US dominance

    I know it is hard having low national self esteem, but try to look at something objectively and not through the lense of feeling inferior. We'd still a great nation even when we're struggling.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama acknowledges decline of US dominance

    Quote Originally Posted by j-mac View Post
    So here we go....Before this trip, I thought to myself, just another apology, America sucks tour stop. But this seems to go further now. Obama seems to relish in the idea of unpegging America as a superpower. So my question is how do you see it? Are we the dominant force in the world anymore? And should we be?


    j-mac
    Dominance requires a kind of 'virtue' and strength of character that the American people have chosen not to devote themselves to.
    Last edited by Morality Games; 11-08-10 at 03:05 PM.
    If you notice something good in yourself, give credit to God, not to yourself, but be certain the evil you commit is always your own and yours to acknowledge.

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    Re: Obama acknowledges decline of US dominance

    Quote Originally Posted by Morality Games View Post
    Dominance requires a kind of 'virtue' and strength of character that the American people have chosen not to devote themselves to.
    A belief in American Exceptionalism you could say, right?


    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Obama acknowledges decline of US dominance

    Quote Originally Posted by Boo Radley View Post
    I know it is hard having low national self esteem, but try to look at something objectively and not through the lense of feeling inferior. We'd still a great nation even when we're struggling.
    Who says we have a low self esteem? I see that in liberals but not everyone. And why does this malady that is born out of liberal guilt of being born American have to translate in our own supposed leader trumpeting this around the world....Seems counter productive to me. That is if Obama actually wants America to succeed.

    j-mac
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Obama acknowledges decline of US dominance

    Quote Originally Posted by j-mac View Post
    A belief in American Exceptionalism you could say, right?


    j-mac
    If one actually believes that, there is no reason to be so sensitive. Only someone who really doesn't believe that has their feelings hurt everytime someone speaks.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama acknowledges decline of US dominance

    Quote Originally Posted by j-mac View Post
    Who says we have a low self esteem? I see that in liberals but not everyone. And why does this malady that is born out of liberal guilt of being born American have to translate in our own supposed leader trumpeting this around the world....Seems counter productive to me. That is if Obama actually wants America to succeed.

    j-mac
    No we. Unless you mean those like you. And your comments say that. We'd not so weak as to be derailed by truthful and honest self inspection.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama acknowledges decline of US dominance

    It takes big cahoonas to say something that is highly unpopular but true.

    America had its chance to be top dog, and squandered it. Left the only superpower in the 90s and was doing ok..

    And then everything went to **** under Bush. Two unwinnable wars. Disastrous financial policies and deregulation. Having an entire society based on greed and gluttony (and housing prices that have to continue to rise).

    If you're looking for the reason Americas dominance has declined. You need only look in the mirror.

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