In his crucial first State of the Union address, US President Barack Obama reiterated his concern over the speedy growth of Asian giants India and China. He said: “Washington has been telling us to wait for decades, even as the problems have grown worse. Meanwhile, China’s not waiting to revamp its economy. Germany’s not waiting. India’s not waiting… “Well I do not accept second-place for the United States of America. As hard as it may be, as uncomfortable and contentious as the debates may be, it’s time to get serious about fixing the problems that are hampering our growth”. How can U.S handle the situation? Let’s discuss.