This week the Rotary Club of Washington, DC, welcomed guest speaker Edward Luce, National Editor for U.S. of the Financial Times.

President Lisa McCurdy opened the meeting at 12:30 pm then led us all in the Pledge of Allegiance.
 
Alexis Gajadhar provided the Words of Inspiration for the day.
 
Patricia Hobson Wilson gave her New Member Talk.
 
Deputy Secretary Bill Dent welcomed visiting Rotarian Philip Wang from Taipei and then announced the following guests of Rotarians.
 
(Guest)
(Occupation)
(Sponsoring Rotarian)
Helen Freeman
Embassy of Australia (retired)
May O’Brien
Iris Malloy
Embassy of Australia (retired)
May O’Brien
Huanming  Liu (Lucas)
Program Associate,
Osgood Center
Shelton Williams
 
Sergeant-at-Arms Bill Day then announced the anniversaries.
 
The guest speaker, Edward Luce, National Editor for U.S. of the Financial Times, was introduced by Past President Howard Davis.
 
In a gripping presentation, Mr. Luce touched on the key topics of his recent best-selling book, “The Retreat of Western Liberalism,” the retreat of democracies across the globe (now 25 fewer than in the year 2000) and the rise of autocratic-style nationalists in Russia, Thailand, Turkey, Venezuela and even in Europe (Hungary and Poland). At home here in the USA, he noted the “triple cocktail” of wage stagnation, growing income inequality, and declining income mobility from generation to generation. The “crisis without” is indicated by (a) shifting geopolitical power from West to East; (b) the 2008 “Atlantic Recession” (which little affected China or India); and (c) the events in China where President Xi Jinping has accumulated total power over that country’s direction.
 
President Lisa McCurdy adjourned the meeting promptly at 1:30 pm.