On its present course, the US faces a world of rising new countries that will compete with it ever more fiecely as its own power is declining. In order to slow and improve this steady leakage of power, the US must change course internationally, economically and domestically. It must also restructure to remain the world's most competitive economy. And it must address quality of life issues and fairness at home. But American politics is broken - competing forces and interests have led to stasis. With change so tough, where now for a country where the middle classes are suffering as they have never suffered before, the pensions crisis is growing, the deficit out of sight, and radicalism waiting in the wings?
About the Author
Edward Luce is a graduate of Oxford University in Philosophy, Politics and Economics. He has worked for the Financial Times since 1995 with a one-year break to work in Washington, DC as the speechwriter to Larry Summers, the final US Treasury Secretary of the Clinton administration. He was the FT's Washington bureau chief from 2006 to 2010.
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