Whoever wins, America will still need to turn itself around

Major economic, political and social headwinds lie ahead for the superpower.

featured-image

Rana Foroohar America is still enjoying its post-pandemic growth spurt. But major economic, political and social headwinds lie ahead, says the writer. On Nov 5, Americans will vote in what will probably be the most consequential presidential election of our lifetimes.

The candidates couldn’t be more different, but the challenge left to them will be the same – how to renew a sense of national purpose and dynamism in a country that may well have reached the peak of its competitive powers. America is still enjoying its post-pandemic growth spurt. But major economic, political and social headwinds lie ahead.



Partisan politics will not end with this election; indeed, they may get worse. Productivity is slowing, the population is ageing, social media silo-bubbles create division and the country faces competitive threats from China and other emerging markets, which are increasingly banding together in their own post-Washington consensus alliances. Already a subscriber? Log in Get exclusive reports and insights with more than 500 subscriber-only articles every month $9.

90 $9.90/month No contract ST app access on 1 mobile device Subscribe now All subscriber-only content on ST app and straitstimes.com Easy access any time via ST app on 1 mobile device E-paper with 2-week archive so you won't miss out on content that matters to you Join ST's Telegram channel and get the latest breaking news delivered to you.

Read 3 articles and stand to win rewards Spin the wheel now.