(1) Perception is reality. The pie might be bigger and the US might be better off but that's not what people will act on. (2) Foreign debt is growing faster t

(1) Perception is reality. The pie might be bigger and the US might be better off but that's not what people will act on. (2) Foreign debt is growing faster than the pie. It's an unsustainable situation. Debt as a percent of GDP has gone from 10% in 2000 to 30% today.