The USA: basket case or no?

James Greenhalgh spent a few weeks in the USA recently. His observations helped bust a few myths about the economies of two of its largest cities.

Being the value seeker I am, I recently took advantage of the strong Australian dollar to spend my holidays in the USA. Or perhaps I should narrow that down; I visited New York and San Francisco, hardly a representative sample of life in that vast country. There was little evidence of a poor economy in either city, let alone the heartbreaking stories referred to in the recent Director’s Cut, The sense in the never-ending.

I was on leave, so I was deliberately trying not to think about work. But it’s impossible not to notice some of the differences—or the similarities—between Australia and the USA. Here are some of my observations.

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