International Competitiveness???

Often, much is made of America’s “economic competitiveness” with the rest of the world. Thomas Friedman’s book, The World is Flat made a big deal over whether Americans can “compete” in the world economy. Unfortunately, politicians from both the left and the right of the political spectrum too often harp on our “competitiveness” without fully explaining themselves.
Fortunately, that is why we have people like Paul Jacob to explain in just a few hundred words that we are not really competing against the Chinese or the French, rather we are all cooperating through the wonderful capitalist system to raise living standards in all nations that embrace free trade and economic liberty. In other words, rather than worrying aboiut what the Chinese or Indians are doing and whether they’re “catching up” to us, we should celebrate their gains and work to improve our our own country.

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