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Tennis and the U.S. Economy

8/30/2011

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Eliot Spitzer writes that the state of American men's tennis is a metaphor for the state of the U.S. economy. The article isn't well executed-- he makes a detour into causation vs. correlation just to take a dig at deficit hawks.  (Maybe we wouldn't have a demand problem now if we hadn't been spending beyond our means for years and years??) His final point is somewhat valid though-- America is less dominant in tennis and in the world economy because other nations have made gains, and the competition is stiffer, and that's a good thing.

What I take from this is that it is no longer the default that white American men will stay on top. (Spitzer glaringly fails to analyze the state of American women's tennis.)  Neither a Grand Slam trophy, nor a big screen TV and two cars, are the inherent right of an American man. Like everyone else in the world, if we want to succeed, we need to make ourselves competitive.
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    About Liz

    I have worked in economic policy and research in Washington, D.C. and Ghana. My husband and I recently moved to Guyana, where I am working for the Ministry of Finance. I like riding motorcycle, outdoor sports, foreign currencies, capybaras, and having opinions. 

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