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Politics : Formerly About Advanced Micro Devices
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To: Joe NYC who wrote (347413)8/18/2007 10:18:10 AM
From: Road Walker  Read Replies (3) of 1574854
 
re: Average American lives a standard of living that is far above his worth (ability / productivity-wise) compared to the rest of the world. The education system has been dumbed down to produce dummies, is it a surprise that the free market re-values the value of an American worker?

I hear that defeatism all the time now. An acquiescence to a lower US standard of living in the future. It freaks me out because it is so un-American. I'm 58 years old and this is new to me.

What's becoming clear to me is that we have neither the political or emotional will to recognize, much less take steps to correct our problems. Oil dependence is a perfect example. It's our achilles heel and our biggest opportunity to lead the world away from an imminent disaster. We can be the problem or the solution; and the solution is a huge business opportunity and as such a way to increase our standard of living.

But what's seriously frightening is our acceptance of debt to maintain a standard of living without the production to back it up. The twin deficits and private debt. It's total denial. It will all have to be settled, and that settlement process will be painful.

You may be right that the "Average American lives a standard of living that is far above his worth". But a big part of that is the vision and will to move forward with the next generation of opportunities. We always had that; I don't think we do anymore.
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