Friday, May 14, 2010

"Is America In Decline?"

I found this exchange on last Sunday's (May 9) "60 Minutes" to be interesting.  It is between Scott Pelley of "60 Minutes" and Hillary Clinton.  For now I will simply post the exchange, and may comment upon it later:

Pelley:  "Larry Summers, the president's economic advisor, asked this question: 'How long can the world's biggest borrower remain the world's greatest power?' Is America in decline?"

Clinton:  "No. We're not. But it's a question that has to be answered."


SPX at 1157.44 as this post is written

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