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Some unforeseen catastrophe aside, however, the U.S. is not likely to be poorer in 2020 or more backward technologically. In fact, according to the most recent Department of Energy projections, America's GDP in 2020 will be approximately $17.5 trillion (in 2005 dollars), nearly one-third greater than today. Moreover, some of the initiatives already launched by President Obama to stimulate the development of advanced energy systems are likely to begin bearing fruit, possibly giving the United States an edge in certain green technologies. And don't forget, the U.S. will remain the globe's preeminent military power, with China lagging well behind, and no other potential rival able to mobilize even Chinese-level resources to challenge U.S. military advantages.
And this:
Quote:
Some sectors of the economy, and some parts of the country, will certainly continue to thrive, but others will surely suffer Detroit's fate, becoming economically hollowed out and experiencing wholesale impoverishment. For many -- perhaps most -- Americans, the world of 2020 may still provide a standard of living far superior to that enjoyed by a majority of the world; but the perks and advantages that most middle class folks once took for granted -- college education, relatively accessible (and affordable) medical care, meals out, foreign travel -- will prove significantly harder to come by.
All in all, a relatively positive outlook for America, in contrast to all the doom and gloom popular today with predictions of the dollar crashing and America going the way of the Dark Ages.
I honestly don't know how anyone can expect the GDP go be 1/3 bigger in the next 10 years without some serious inflation to skew the numbers, but I don't think the world is gonna end in the next 10 years either.
But there is a lot of doom and gloom in that article for the "average Joe" There is gonna be nothing but contraction and loss for the common man, as mentioned in the article.
Me thinks the author underestimates how angry that will make people, and how it will make for an *interesting* decade.
2020--A year that has no more corruption in Washington, D. C. That would also mean there would be no Democrats in D. C. I'll vote for that!
2020--A year with no aborted babies.
2020--Everybody in America is working and paying their own way.
2020--World leaders have joined together for prayer every Monday morning at the UN.
2020--All parents taking responsibility of the result of their "romp in the hay."
Where is this??? Pandora? Oh wait, you said Democrats.
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