America's Future...isn't in America

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Here's the deal.

First of all, there is no problem with America having too few people interested in Science and Engineering. The problem is that the employment prospects for those fields are so dim, the people smart enough to succeed in those fields are also savvy enough to choose fields that pay well and have enough built-in trade barriers to provide at least some long-term security. Upper-level management, law, healthcare, accounting, and a few others are examples of the above.

"In the face of a giant wage differential (we live in splendor, the rest of the world somewhat less comfortably), and a tiny educational differential (trained engineers are good at math no matter where they live), this trend isn?t going to stop anytime soon."

Until people in America are willing to trade quality housing for sheetmetal shacks and drinking water for used battery acid, there is no way Americans can compete against the entire Third World. That may well be the globalists' dream of the future, but I sure as hell don't share it.

"Exporting our can-do and get it done version of grassroots capitalism all over the world is a uniquely American opportunity"

Ain't gonna work. The faster growing economies are using protectionism with great success (China is the poster child for effectiveness of protectionism and a few other anti-competitive policies), and widespread corruption put a damper on entrepreneurial efforts of those who do not have the requisite connections.

You see, America did not invent capitalism, nor is it the top authority on all things capitalism. In fact, the two words that describe the vast majority of US capitalists are "greedy" and "shortsighted." Everything revolved around short-term profits, long-term damage be damned.

Unfortunately, when this strategy finally backfires, the working people will be forced to absorb almost all of the fallout.

Posted by: johnsmith222   Posted on: 05/17/06 You are currently: a Guest | Members login | Terms of Use

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