A pioneering new survey of public opinion in 34 countries across the continent suggests that the relatively high average growth in gross domestic product (GDP) reported in recent years is not reflected in the experiences of most citizens. An average of one in five Africans still often goes without food, clean water or medical care. Only one in three think economic conditions in their country are good. Fifty-three percent say they are "fairly bad" or "very bad".

One report on an AP survey shows that the poor are not only getting poorer, they are also more numerous than any time in the last half-century. The other report from the Tax Justice Network finds that the super-rich are not only getting richer, they are also squirreling tens of trillions in offshore tax havens, far outside the reaches of the U.S. and other nation’s tax collectors. Wealthy Americans are amply represented among the offshore tax evaders. This money could bankroll business startups, expand businesses, fatten federal and state tax revenues, and create thousands of new jobs.

To anyone who grew up in the Cold War, the rhetoric of the Republican Party’s 2012 presidential candidates is strangely familiar. The United States, they warn, is threatened by an alien ideology. What’s startling is that the bogeyman this time around is not resurgent and increasingly hostile Russia, but Western Europe – Washington’s closest and most steadfast ally since the end of World War II.