In a recent Washington Post column, economics reporter Howard Schneider had an intriguing take on the remake of The Karate Kid and the film’s view of America in decline, China’s rise, environmentalism, and the power of globalization. In other words, this remake is a real downer—at least for those of you who still love America.

Although I have yet to see the remake, Schneider makes me less inclined to view it any time soon. He writes,