US politics

The gloom in America is palpable. A recent poll suggested that only 16% of Americans now think the country is going in the “right direction”, as opposed to 77% who think it is on the wrong track. But who do Americans blame for this dire situation? The 2012 presidential election could turn on the answer to that question.

PA

The best joke at the White House correspondents’ dinner last April came from Saturday Night Live’s Seth Myers: “I’m glad someone told me Donald Trump is running as a Republican,” he said. “Because I thought he was running as a joke.”

Rick Perry

Rick Perry. Getty Images.

Just a few months ago, Rick Perry, the governor of Texas, was the coming man in American presidential politics. When he announced his candidacy for the presidency, he shot into the lead amongst Republican voters – briefly commanding more than 40 per cent support. He looked presidential material – a long record of electoral and economic success in Texas, a strong appeal to the Tea Party and to Christian voters. All that, and good hair too.

But, now, in some polls, Perry is back down at 6 per cent. Others have him at 10. All the polls show the governor trailing not just Mitt Romney, but also Herman Cain, whose sole qualification is that he used to run a pizza firm.

By Gideon Rachman

Recently I met a retired British diplomat who claimed with some pride that he was the man who had invented the phrase, “the management of decline”, to describe the central task of British foreign policy after 1945. “I got criticised,” he said, “but I think it was an accurate description of our task and I think we did it pretty well.”

By Gideon Rachman

The defining geopolitical drama of the next century will be the battle for power and influence between China and America. That emerging struggle is already posing awkward choices for Asian countries, caught between the two global giants.

At the end of August, I wrote a column headlined – “2011, the year of global indignation“. I suggested that there was a global mood of anti-elite anger, linking outbreaks of popular protest in countries as different as Egypt, India, Chile, China, Israel, Greece and Spain. It is Spain and France that gave birth to the movement, known as the indignados (the indignant).  I also wrote, however, that there was “one striking exception to the this pattern – the US.” Perhaps I spoke too soon. The arrest of more than 700 anti Wall Street protesters in New York - and the possibility that similar protests could spread to other cities in the US - means that the wave of global unrest has now arrived on America’s shores. The whole thing has a whiff of 1968 about it.

American business and political leaders reflect on the 9/11 terror attacks and how they changed the US and the world.

Some concern among Republicans about the anti-China belligerence in Mitt Romney’s big jobs speech on Tuesday. (Ironically it was Greg Mankiw, one of Romney’s economic advisers, who said one of the bravest and most sensible things on economics to come out of the Bush administration, and was forced to apologise for it.) 

US debt, Greek debt, and Indonesian growth

In this week’s podcast: Obama and the US debt limit – the president avoids default at the 11th hour; Greece, we ask whether the second bail-out package is enough to stem contagion across the eurozone; and, Indonesia’s growth trajectory attracts foreign investment.

Presented by Rob Minto with James Crabtree, Martin Sandbu and Gideon Rachman, in the studio in London and Anthony Deutsch in Jakarta – interviewed by Serena Tarling.
Produced by LJ Filotrani

Beware anybody who believes that the answers to the problems of the world can be found in a single book. Marxists poring over Das Kapital, Maoists waving the Little Red Book, mullahs demanding fidelity to the Koran – it is never good news.

The World

with Gideon Rachman

About this blog About Gideon Blog guide
Gideon Rachman and his FT colleagues debate international affairs. Read more on the authors.

Gideon became chief foreign affairs columnist for the Financial Times in July 2006. He joined the FT after a 15-year career at The Economist, which included spells as a foreign correspondent in Brussels, Washington and Bangkok. He also edited The Economist’s business and Asia sections.

His particular interests include American foreign policy, the European Union and globalisation
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All posts are published in UK time.

Contact gideon.rachman@ft.com about The World blog.

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