How it could happen, part four: crossing the line

This fourth part of a five-part series uses the tools of narrative fiction to explore some of the ways in which America’s global empire might come apart. As the multiple impacts of American defeat in the East African War come home to roost, a leadership vacuum made worse by partisan gridlock pushes the United States deeper into crisis — and efforts by the political establishment to evade that crisis without dealing with America’s systemic problems unleashes a backlash that might bring the American experiment to a sudden close.

How “Different” is the Recovery from the Financial Crisis?

The slow recovery from the financial crisis and recession of 2007 – 2009 has become a centerpiece of the Presidential election. In last Tuesday’s debate, Mitt Romney, picking up on a theme that has been emphasized by John Taylor, contrasted the current slow recovery with the much faster recovery from the 1981 – 1982 recession.