Friday, December 3, 2010

The Deindustrialization of America

Eamonn Fingleton reviews two books "explaining why America’s trade deficits went from disastrous under Bill Clinton to totally catastrophic under George W. Bush" and "how for nearly 40 years the American economy has been sold down the river by a dogma-crazed American elite"— Evening in America.

In describing "what will surely be seen by future generations as the fastest implosion of any great power in history," the reviewer concludes that there is "little doubt that America’s fate has already been sealed."

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Omnes Sancti et Sanctæ Coreæ, orate pro nobis.