Tag: John Backus

Getting Economic Growth Back on Track

Economic growth continues in Asia while it stagnates in America. Even though Singapore and Hong Kong have the heavy hand of government involved in infrastructure planning, their private sector continues to boom.

I cast my ballot early because I had to be in Hong Kong and Singapore when Americans voted for president of the United States on Nov. 6. I’ve been following the election closely, but I was struck by how closely everyone in Asia paid attention, also. It seems to those in Asia that we have lost our way.

I didn’t have to look far beyond my hotel window to see the expanse of cranes erecting new buildings, too many to count, across each country.