Speaking to the National Governor’s Association a couple of hours ago, Joe Biden offered this outlook:
“We are still better positioned than any country in the world — any country in the world — to own the 21st Century economically.  Our GDP is bigger than that of China, Japan and Germany combined.  We’re in a situation where here in the United States of America the median income is close to $50,000.  In China, it’s $4,500.  We wish them better.  But just to put this in perspective, it’s important to know where we stand now, the platform from which we now operate, and why if we do the right things we have an overwhelming prospect — an overwhelming prospect — of not only recovery here in the United States but leading the world in the 21st Century.”