Read the book that former President Bill Clinton calls "excellent." He also issued a formal endorsement, saying: "William J. Holstein’s 'The Next American Economy: Blueprint for a Real Recovery' is an essential roadmap for America’s renewal and an insightful reckoning of the global challenges ahead."
The Obama Administration also seems to be taking cues from the book. My book is not a silver-bullet solution to all that ails the economy, but Americans need to face up to our structural competitive challenges, rather than waiting for things to simply "bounce back to normal." That is never going to happen.
published by William J. Holstein on 23 May 2013 - 11:45am
I went to the Japan Society last evening to hear the Japanese Ambassador to the United Stats, Kenichiro Sasae, talk about Prime Minister Shinzo Abe's three-pronged effort to revitalize his nation's economy. It could have been a completely dull diplomatic affair, but I think I gleaned an important insight.
published by William J. Holstein on 22 May 2013 - 11:19am
President Obama's meeting with new Chinese President Xi Jinping on June 7-8 in Los Angeles will be part of a hugely complex calculation about the balance of power in East Asia. For the first time in its history, America must learn to cope with the power of China, the world's second largest economy, at the same time that it maintains a relationship with Japan, now the world's third largest economy but one obviously showing signs of revitalization. The temptation is to conclude that one is an ally and therefore the other must be an enemy.