The U.S. has been the world’s biggest national economy since 1871, but more than half of Americans have slapped an expiration date on its global reign according to a poll reported on in the Wall Street Journal.
The poll, conducted by financial website The Street, found that only 43% of Americans believed the U.S. would be the world’s “dominant economic power” five to seven years out and nearly a third have already ceded the title to China.
Their opinions may fly in the face of economic reality — the U.S. has nearly twice the GDP of China — but the poll does show how years of sluggish economic growth can alter perceptions.
[WSJ]