Regrettably, the United States has been frequently struck with “political paralysis” due to its political characteristics.
The two parties tend to take conflicting stances on major issues, so many reforms concerning the country’s future have been stalled. The fiscal cliff has exposed the plight facing the U.S. political system.
The United States is the world’s largest economy and a primary global reserve currency issuer. U.S. policymakers have a duty to minimize the negative spillover effects of the country’s economic woes, which requires them to get rid of the influence of partisan interests when making economic policies.
The United States, which is used to asking other countries to shoulder responsibilities, should act as a responsible major power on issues concerning the future of the world economy.
Read the Chinese version: 美国无权频频惊扰世界, source: People's Daily, author: Zhong Sheng
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