Another view.
A commentary on “What kind of America will Gen Xers inherit,” by Joel Kotkin and David Friedman, which appears in this issue. Kotkin and Friedman are correct to assert that there is a certain degree of mindless optimism in the U.S., but several very large structural transformations have taken place...
| Published in: | American Enterprise Vol. 9; pp. 35 - 37 |
|---|---|
| Main Author: | |
| Format: | Article |
| Published: |
American Enterprise Institute for Public Policy Research
January/February 1998
|
| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=507614169&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 507614169 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 10473572 AEN jtl: American Enterprise issn: 10473572 maglogo: N pubinfo: dt: January/February 1998 vid: 9 pid: 1352 pub: American Enterprise Institute for Public Policy Research artinfo: ui: 507614169 ppf: 35 ppct: 2 formats: fmt: – @attributes: type: T – @attributes: type: C tig: atl: Another view. aug: au: Wattenberg, Ben J. su: United States economy United States social conditions Generation X sug: subj: United States economy United States social conditions Generation X ab: A commentary on “What kind of America will Gen Xers inherit,” by Joel Kotkin and David Friedman, which appears in this issue. Kotkin and Friedman are correct to assert that there is a certain degree of mindless optimism in the U.S., but several very large structural transformations have taken place that provide strong reasons for thinking that most trends are likely to lead in an upward direction. Unemployment is currently running at 4.7 percent, the lowest rate in 24 years; gross domestic product has increased by an average of 3.5 percent since 1982; and inflation is at its lowest since 1987. Furthermore, there are cultural aspects of American business that are encouraging, and there has been a reversal in a number of negative social trends. In addition, the demographic profiles of Europe and Japan point to sustained population decline, whereas the U.S. can look forward to moderate population growth. Nevertheless, fears of resurgent liberalism and/or socialism are valid. pubtype: Periodical doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|