5 parts of formula
3.research and development
A book that should be required reading for every voting American. The authors of this book list four major challenges facing America in the future; globalization, the revolution in Information Technology, increasing debt and growing energy consumption/dependence. This book also lists the five areas America needs to improve in to remain competitive; education, infrastructure, immigration, Research & Development and regulation. Contributing to the problem is the political gridlock that permeates the current atmosphere.
"Our political system is stuck. It is under the sway of powerful special interests that work for policies that are at best irrelevant to and at worst counterproductive for the urgent present and future needs of the United States. The two parties are so sharply polarized that they are incapable of arriving at the deep, ideologically painful compromises that major inititives, of the kind required to meet the major challenges America faces, will require." (pg. 331)
The 21st Century can also be an American century however the citizens, politicians and business leaders need to have an accurate assessment of what is needed....Continua
This is a sequel to "The World is Flat". The authors rang the alarm, again. This time it is a five alarm! America has sat on its laurel for way too long. It has made many missteps. It has invested too much into the Iraq and Afghanistan wars where it should have invested into building its own nation. It has sacrificed its future by cutting taxes and increasing spending to satisfy its short term wants. It has made its people vulnerable by deregulations, hence, the subprime debacle. The authors' prescribed remedies include increasing tax and allocating the tax revenue to infrastructures, education and alternative energy programs. It should encourage entrepreneurship and creative spirits by giving grants to these ventures and by reforming the immigration policy. The political system needs to be overhauled to discourage partisanship. No doubt this dose of medicine is hard to take, especially after the extended period of splurging on sweets....Continua