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February 10, 2012
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The Kosher Gourmet byDana Velden: Going to the bother of making soup? You know it better be good. This CREAM OF TOMATO SOUP certainly is! And it's a cinch to make, too (Includes techinques and serving secrets)
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Mark Clayton: How did Anonymous hackers eavesdrop on FBI and Scotland Yard?
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Victoria Kim: Immigrant-smuggling ring used black drivers to avoid racial profiling
February 2, 2012
Jim Carney: Wrong number call may have saved her life
Reza Kahlili : Ex-CIA spy in Iran's Revolutionary Guard: What Obama doesn't grasp about striking deals with Tehran
Tina Susman: For woodchuck rescuer, every day is Groundhog Day
February 1, 2012
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Emily Brandon: How to Take Advantage of New 401(k) Fee Disclosures
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January 30, 2012
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January 27, 2012
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Yochonon Donn: In liberal New York City, fervently-Orthodox Jews may soon be getting a district to call their own
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Katy Hopkins: New budget rules may affect how much money you get for college
January 26, 2012
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Jeannine Stein: Mental illness struck one in five U.S. adults in 2010: Report
January 25, 2012
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Fred Weir: Putin: Multiethnic Russia cannot survive as a US-style 'melting pot'; must find its own way
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January 24, 2012
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Caroline B. Glick: America lost most in 'Arab Spring'. Sadly, many voters still don't grasp the extent
Warren Richey: Drug criminal scores win in GPS ruling from conservative-leaning high court
Erika Bolstad: Black conservatives gather to talk about gaining strength
January 23, 2012
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Jordan Rau: In quest to grow, Catholic hospital system will announce this morning its break from church
Ali Safi: U.S. envoy gives Taliban terms for peace talks
January 19, 2012
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January 17, 2012
Frank J. Gaffney Jr.: No-kidding red lines: U.S. response to an Iranian nuke may be bluster, but Israel's won't be
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January 12, 2012
Warren Richey: Landmark Supreme Court ruling a 'resounding win' for religious groups
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John Fauber : Statins found to raise diabetes risk in postmenopausal women
Katy Hopkins : Consider This Before You Pay for an Online Degree
The Kosher Gourmet by Joseph Erdos: This mushroom and barley soup has an intense -- almost nutty -- flavor that mixes robust with Middle East. It has creaminess without cream
January 11, 2012
Shari Roan: Millions of atrial fibrillation sufferers at risk for devastating, but preventable, stroke
Tom Hussain: Pakistan -- recipient of more than $21 billion in civilian and military aid -- speeds pursuit of Iranian pipeline, defying US
David G. Savage: High court signals it won't be loosening TV's 'indecency' rules
Stephen Ceasar: Oklahoma's Islamic law amendment can't go into effect, court rules
January 10, 2012
Reza Kahlili: From an ex-CIA spy: US must exploit new split in Iran's Revolutionary Guard
Karen Kaplan: Study: Nicotine replacement products ineffective when used in real-life situations
January 9, 2012
Michael Doyle: Put through legal hell over dream home, couple fought back hard --- all the way to Supreme Court
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Jewish World Review
May 22, 2006
/ 24 Iyar, 5766
Heard the good news?
By
Michael Barone
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http://www.JewishWorldReview.com |
Things are better than you think. Yes, I know, most Americans are in a sour mood these days, convinced that the struggle in Iraq is an endless cycle of bloodshed, certain that our economy is in dismal shape, lamenting that the nation and the world are off on the wrong track. That's what polls tell us. But if we look at some other numbers, we'll find that we are living not in the worst of times but in something much closer to the best. What do I mean?
First, economic growth. In 2005, as in 2004, the world economy grew by about 5 percent, according to the International Monetary Fund, and the IMF projects similar growth for several years to come. This is faster growth than in all but a few peak years in the 1980s and 1990s, and it's in vivid contrast to the long periods of stagnation or contraction in history. The great engine of this growth is, of course, the United States, which produces more than one fifth of world economic product and whose gross domestic product has been growing at around 4 percent 4.8 percent in the latest quarter. Other engines are China and India, each with about a sixth of the world's people, and with economic growth of 10 and 8 percent, respectively. But other areas are growing, too: eastern Europe (5 percent), Russia (6 percent), East Asia (5 percent), Latin America (4 percent), even the Middle East (6 percent) and sub-Saharan Africa (5.5 percent).
Free-market benefits. Lagging behind is the euro area (1 percent) and the rest of western Europe (2 percent). Lesson: Sclerotic welfare states produce mass unemployment and stifle initiative and innovation. In contrast, the Chinese and Indian growth rates show how freeing up an economy produces rapid growth, and the continued contrast between the United States and Europe makes the same point. Free-market economic growth is enabling millions of people to rise out of poverty every year, even more than the experts expect. As the IMF writes, "The momentum and resilience of the global economy in 2005 continued to exceed expectations."
It's worth noting, as the IMF does, that this growth is being achieved with minimal inflation. "The present era of globalization and low inflation has an important precedent: 1880-1914, the era of the classical gold standard," it says. That period ended with the outbreak of World War I, and there is no guarantee that the current low-inflation growth will continue. There are always downside risks in the economy. But we seem to be living by far in the best economic times in human history.
But aren't we also living in times of record strife? Actually, no. Just the opposite. The Human Security Centre of the University of British Columbia has been keeping track of armed conflicts since World War II. It reports that the number of genocides and violent conflicts dropped rapidly after the end of the Cold War and that in 2005 the number of armed conflicts was down 40 percent from 1992. Wars have also become less deadly: The average number of people killed per conflict per year in 1950 was 38,000; in 2002 it was just 600. The conflict in Iraq has not significantly changed that picture. American casualties are orders of magnitude lower than in the conflicts in Korea and Vietnam, and precision weapons have enabled us to vastly reduce the civilian death toll.
After our victory in the Cold War, Francis Fukuyama proclaimed that we had reached "the end of history," by which he meant the end of any serious argument over what constitutes the best kind of society. That is disputed by the Islamist fascists who have made it clear that they will do whatever they can to inflict harm on our civilization; as Iranian President Mahmoud Ahmadinejad said in his recent letter to President Bush, "Liberalism and western-style democracy have not been able to help realize the ideals of humanity. Today those two concepts have failed." That's obviously nonsense, of course. Free markets and democracy are chalking up one ringing achievement after another as we can see from the surge in world economic growth and the reduction of armed conflict while the Islamists can achieve their goals only through oppression and slaughter.
Yes, they can inflict severe damage on us by asymmetric warfare, as they did on September 11, and we must continue to take determined action to prevent them from doing so again.
Yes, a nuclear Iran is a severe threat. But we shouldn't lose sight of the fact that, in most important respects, our civilization is performing splendidly.
Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
BARONE'S LATEST
Hard America, Soft America: Competition vs. Coddling and the Battle for the Nation's Future
America is divided into two camps, according to U.S. News and World Reports writer and Fox commentator Michael Barone. No, not Red and Blue, though one suspects Barone may taint the two groups in the hues of the 2000 presidential election. Barone's divided America is one part Hard, one part Soft. Hard America is steeled by the competition and accountability of the free market, while Soft America is the product of public school and government largesse. Inspired by the notion that America produces incompetent 18 year olds and remarkably competent 30 year olds, Barone embarks on a breezy 162-page commentary that will spark mostly huzzahs from the right and jeers from the left. Sales help fund JWR.
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JWR contributor Michael Barone is a columnist at U.S. News & World Report. Comment by clicking here.
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