Editor’s Note: The following piece, exclusive to GPS, comes from Wikistrat, the world's first massively multiplayer online consultancy. It leverages a global network of subject-matter experts via a crowd-sourcing methodology to provide unique insights.
The U.S. economy is most definitely in recovery mode, but it’s the sort of recovery one experiences after a scary heart attack. There is little confidence in being able to go uptempo. Fears persist about slipping into a permanent sort of disability.
Worse, many are resigned to the fact that big structural problems such as health care, tax reform, the federal deficit and education remain unaddressed by a political system that remains fiercely divided.
So America finds itself in a funny position: Clearly getting better and doing better than most of the West but almost completely lacking in self-confidence. If this is “morning in America,” then most citizens have hit their snooze button.
This week’s Wikistrat’s drill explores this ambivalence in the face of mounting good economic news, asking our global community of experts to present their arguments for the U.S. economy’s possible mid-term (3-5 year) paths ahead. We’ll start with the optimism and then let the darker thoughts pile up - much like most Americans today.
Read the entire post at CNN's GPS blog.