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No, the US is Not the ‘Weak Link in the Global Economic Recovery’

No, the US is Not the 'Weak Link in the Global Economic Recovery'

No, the US is Not the 'Weak Link in the Global Economic Recovery'

On Tuesday, the Associated Press published an article making what may seem like an intuitive claim:  “Virus surge makes US weak link in global economic recovery.” 

“People in China are back to buying German luxury cars. Europe’s assembly lines are accelerating. Now the global economy is waiting for the United States to get its coronavirus outbreak under control and boost the recovery, but there’s little sign of that,” the article argues. 

But despite the AP’s assertions, I take issue with their argument. While the US could be doing better, its economic performance across a variety of metrics looks better than Europe or Canada. That makes it a stretch to call the US economy the weak link in the world.  Read more…..

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