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January 27, 2010

It's the Economy, Stupid
Posted by Patrick Barry

In a speech that's already being couched as one with a domestic, not international focus, the President does a pretty nice job of pointing out why it's silly to separate the two:

How long should we wait?  How long should America put its future on hold?

You see, 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.  These nations aren’t standing still.  These nations aren’t playing for second place.  They’re putting more emphasis on math and science. They’re rebuilding their infrastructure.  They are making serious investments in clean energy because they want those jobs.

There are already signs that China and India are recovering faster than other countries affected by the global downturn, including the U.S.  What's one of the biggest reasons the disparity is not even greater? Some readers might not recall, but it's because the administration passed a massive stimulus package.  All this makes me conclude that fast trains are not only beneficial because of their coolness factor, but because they make us more economically competitive with countries that have them already! 

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Comments

Hi,
Growing income disparity doesn't presage a new labor movement at home - but it may signal more terrorism for us abroad...

Hey, be pragmatic, don't fight for the 2nd, you will make your people unhappy. The gold and silver are reserved for the two asian giants (they may interchange among themselves cyclically). You will be lucky to get away with the bronze for a few decades, because Russia and Brazil (their huge untapped natural resources will compensate their lesser head counts) will eventually occupy/interchange the 3rd and 4th positions.

I think your best defence lies not in Math and Science, but in producing babies to learn those subjects, so that they can compete for the best global ranking for their country.

Manufacture Hydraulic Tools,Such as crimping tool,cable cutter,pipe bender,gear puller and hand pumps.

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