Finding the Brighter Side to America’s Economic Decline

The Takeaway

Since the financial collapse in 2008, Americans have become accustomed to hearing grim news about the state of the economy. First it was the financial meltdown, followed by massive bailouts to the banks, a housing foreclosure crisis, high unemployment rates, and now a prolonged period of economic recovery. On the international stage, there are worries that America may soon be overtaken by emerging markets like China. But author and economics editor Daniel Gross has a more optimistic take. In his new book, “Better, Stronger, Faster: The Myth of American Decline and the Rise of a New Economy,” Gross argues that the country’s initial reaction to the economic hardships have paved the way for a brighter, stronger future.

Invest in independent global news

The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!