Several recent developments reveal how political and institutional fragmentation in the United States has produced self-inflicted wounds for the U.S. abroad. In all of these instances, America’s ability to exercise economic power in the world has been deliberately curtailed through decisions made unilaterally in Washington by American political leaders.
Filed under: United States Tagged: Barack Obama, Capitol Hill, China, debt, Democrats, Dollar, economic power, Economy, Europe, financial institutions, financial markets, foreign exchange, Global Economy, institutional fragmentation, Japan, Politics, Republicans, trade, trade imbalance, Washington
