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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (10435)3/20/2004 9:15:17 PM
From: Archie Meeties  Read Replies (2) | Respond to of 110194
 
I'm not so pessimistic. There are (at least historically) inherent advantages to our society that will always make it an interesting place to innovate, design, and provide goods and services. For example, the intellectual climate of freedom in our top universities, the flexibility of US corporations to market products, a skilled and diverse labor pool, the ability to hire and fire workers without the onerous demands of labor or the fragility of a single party state, and a political system that can also change when need be (as it will this fall).

Contrast that to China or Europe and there are some clear differences.

That said, if we keep doing anti-science things like; stopping stem-cell research, throwing money away at stuff like missle defense, cutting back on research moneys in favor of pet wars, narrowing the scope of education by enforcing testing standards on all students, etc., then perhaps our ability to innovate will slowly be whittled away.