Monday, Aug. 1, 2011 | 2:01 a.m.
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Maybe the world is cyclical and that’s the nature of things.
It’s not so much that the United States is falling behind, but rather the rest of the world is catching up and running faster.
A thousand years ago, China was living in splendor while Europe was in the Dark Ages. A hundred years ago, the sun never set on the British Empire. Fifty years ago, America was supreme and the world envied our affluent lifestyle. Today, China is our banker and building megacities with high-speed rail and infrastructure that would make your head spin.
We will probably just tighten our belts and struggle along. Optimists will say that better days are ahead, but I wouldn’t bet on it.
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