American power: softer and smarter
“Are the “declinists” on the United States, focused on hard power and America’s falling share of global output, missing something?”
“U.S.-based global corporations added 683,000 workers in China during the 1999-2009 decade, a 172 percent increase, and 392,000 workers in India, a 542 percent increase. In all they added 1.5 million workers to payrolls in the Asia and Pacific region, while cutting 864,600 workers at home, according to figures from the Commerce Department.”
