Quote from circadian:
It was put forth with a little greater sense of urgency. The speakers admitted that this problem isn't a new one for America, but 20-30 years ago it didn't matter that much b/c we were the lone superpower. America could fool around and waste time and resources but as long as we retained the no. 1 spot no one cared. Now, with the emergence of many large countries and economies, we've got to get our act together or we'll be left in a vulnerable state.
To put it simply, we're not the only alpha male anymore, and if we don't step up our game...they'll overtake us in the coming decades.
Well 20 or 30 years ago, the Soviet Union was still in existence and the Friedman and Zakaria types were then telling us to get our act together or we would be overtaken by the Ruskies.