Are such drastic action appropriate given the current state of the US? The US probably hasn't been this economically dominant since after WWII. Feels like Chesterton fences are getting torn up left and right by people too young and incurious to possibly understand why those fences might be there.
>> The US probably hasn't been this economically dominant since after WWII. In which parallel reality do you live? Some metrics: - U.S. share of global GDP (nominal). 40% in 1960 to around 24% nowadays. - Share of global exports from the peak of 17% in 1963, to around 8.5% today (China is 14%). - Global R&D expending from the 1960 peak of 69% to 30% today with China closing the gap currently at 23%. - Reserve currenc…
The US watched the rest of the world burn itself down during WW1 (partially) and during WW2 (almost completely).
There were basically 0 industrialized countries doing better in 1945 than they were in 1928.
The US reached those insane peaks because of a total aberration. It was never going to last.
China and India, for example, have been between 1/3 and 1/2 of the world economy for multiple millennia.
After the Age of Discovery Europe as a whole took over at least 1/3 itself.
The US would do well to adjust to this new reality, but I guess the temptation to make America great again is too strong.