Whether or not America will continue on its way out as the world power in this decade depends on how it deals with its current challenges — the wars, the deficit, economy, and its education.
Regardless of its ability to meet the challenges, there is no doubt that USA will continue attracting millions of immigrants with its ideals, economic opportunities, vast stretch of land, and material abundance.
During the gathering with friends on the New Year’s Eve, I mentioned some areas where America is ahead of the four BRIC countries. Such as, in area of jing shen wen ming –spiritual civilization, China still has a long way to catch up, if she ever does or if the USA does not regress with the loss of middle class.
While the immigrants to America are transformed in the process of assimiliation into American culture, they will transform American society and will definitely bring in new hope to the country. In them probably lies the hope of the nation.
The shrinking of middle-class in American society shrinks the consuming power as well as tax revenue for the government. Where do we get money for foreign war and foreign debts and domestic programs? With the pinching national purse, one would expect the US will take back some of its outstretched arms. It will be interesting to see if it will happen or what will happen by the end of this decade.