State budget

Crisis Management in the U.S.
The nation fights against its economic decline

A. Conflicting ways out of the recession

I. Culture War in America

II. Obama’s economic and financial therapy for the nation’s ailing economic base

III. The Republicans’ counterplans

IV. Worries and warnings about the catastrophic consequences of the political dispute help to intensify it

B. The U.S. has to be concerned about its money

I. The U.S. economy is the major exception in global capitalism

II. The identity between America’s national credit and the world’s capitalistic wealth has a price that has fallen due in the wake of the recent financial crisis

III. And the competitors are no longer the same either

Conclusion: New steps in implementing the crisis through the states’ crisis policies

 

The World Power fights to assert itself
America’s “Pacific Century” and its New Rival: China

Having fought two unproductive wars in Iraq and Afghanistan, and being in a disastrous economic condition amid the financial and the sovereign debt crises, America seeks to restore and re-assert its global leadership role. For this purpose and in this sense, the Obama administration has proclaimed the 21st century as “America’s Pacific century.”

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