Some perspective on GDP, and America’s ability to “come back”
This is much talk these days of the decline of the United States and a fundamental reshaping of relative world economic clout. It is worthwhile to reflect on the current size of economies before such claims are made. This rambling piece from Richard Florida that I thought was going to deal with the decline of America, actually ends up making the case that the impacts on US cities will be significant. Of that there is little doubt, but the example of Detroit may not be the best to make the point (the Phoenix example is a better one). Detroit has … Continue reading Some perspective on GDP, and America’s ability to “come back”
