Finding the Brighter Side to America's Economic Decline

Thursday, May 10, 2012

Since the financial collapse in 2008, Americans have become accustomed to hearing grim news about the state of the economy. First it was the financial meltdown, followed by massive bailouts to the banks, a housing foreclosure crisis, high unemployment rates, and now a prolonged period of economic recovery. On the international stage, there are worries that America may soon be overtaken by emerging markets like China. But author and economics editor Daniel Gross has a more optimistic take. In his new book, "Better, Stronger, Faster: The Myth of American Decline and the Rise of a New Economy," Gross argues that the country's initial reaction to the economic hardships have paved the way for a brighter, stronger future.


Daniel Gross

Produced by:

Arwa Gunja and Jillian Weinberger

Comments [2]


I'd love to know who the Daft Punk fan at The Takeaway is. :) Now I keep listening for it (hint: it would be really easy to work in "Around The World" somewhere for one of the segments!).

May. 10 2012 01:13 PM

The fall was due to the housing crisis engineered by "progressive" regulatory interference in the lending industry and the election of a Obama and his Congress who chose to take advantage of the crisis, spending trillions and imposing regulation on industries that were trying to get back on their feet.
This ruined our credit rating and shackled us with debt.

The Federal government needs to get out of the way and the administration will not allow it.

May. 10 2012 09:19 AM

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