With America's economy sputtering, Obama and others in his administration might well be seeking non-economic issues to energize his campaign. National-security problems in general, and the challenge posed by China in particular, may be shaping up as just such issues.
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MELBOURNE – According to the United States Federal Reserve, Americans’ net worth has fallen 40% since 2007, returning to its 1992 level. Progress towards recovery will be slow and difficult, and the US economy will be weak throughout the run-up to November’s presidential and congressional elections. Can any incumbent – and especially President Barack Obama – win re-election in such conditions?