America as Less Than No. 1

I've been thinking about this. I find myself losing my normal optimism on America, which is extremely unlike me.

See Danial Henniger, at Wall Street Journal:

The U.S. is far from finished. The private economy—from the biggest corporations to innumerable dreamers launching start-ups—is fit and eager. But make no mistake: The U.S. has taken a hard hit to its 65-year status as the world's pre-eminent nation.

RTWT.

I'll have more on this topic in upcoming posts.