About the first decade of what was to be the Second American Century, the pessimists have been proven right.
According to the International Monetary Fund, the United States began the century producing 32 percent of the world’s gross domestic product. We ended the decade producing 24 percent. No nation in modern history, save for the late Soviet Union, has seen so precipitous a decline in relative power in a single decade.
In the tiny West Virginia town of Weirton, population 22,000, thousands marched last week to save Weirton Steel, the heart of their community. If the steel plant goes under, and its 4,400 workers lose their jobs, the town dies. It is as simple as that. What is threatening Weirton Steel …
Fourteen years ago, foreign steel producers began dumping heavily into the U.S. market, choking America’s industry near to death. Big Steel went to the president. Ronald Reagan listened and acted. On Sept. 22, 1984, he took to the airwaves to denounce “predatory practices” that had made America a “steel dump …
Because the victory came after reporters left for the weekend, Friday’s historic vote never received the coverage it deserved. But that evening, an America First trade coalition was born, revealing its power by crushing the speaker’s own bill to renew “fast track” — Congress’ surrender of all rights to amend …
History Knows Where It’s Going”, exulted the April 15 full-page ad in the New York Times. Dates and names preceded: “1944, Bretton Woods: The IMF and the World Bank.” “1945, San Francisco: The United Nations.” “1994, Marrakech: The World Trade Organization.” Marrakech had just given birth, said the ad, to …
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