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


To: Oblomov who wrote (37041)7/26/2005 8:24:47 PM
From: loantech  Read Replies (1) | Respond to of 110194
 
I also think that government should not do what private enterprise can do better>>>>>>

Enron?



To: Oblomov who wrote (37041)7/27/2005 2:38:04 AM
From: shades  Read Replies (3) | Respond to of 110194
 
What is america to do?

science.slashdot.org

Posted by Zonk on Tuesday July 26, @04:24PM
from the not-even-miss-america dept.
instantgames writes "According to a working paper of the National Bureau of Economic Research, rapid development of a science and technology base by populous Asian countries soon may threaten the economic position of the United States. Not only is the U.S. losing ground in high technology exports, but its very capacity to develop new technologies is declining rapidly with respect to the rest of the world. According to Richard Freeman, the paper's author, the sheer population of Asian countries may allow them to train more scientists and engineers than the U.S. while devoting a smaller share of their economy to science and technology." From the article: "The phenomenal growth of China's industrial base has been widely publicized, but Freeman focuses on what is perhaps the more important long-term indicator of a nation's prosperity - its re-investment in science and technology education. "

Now back in the past we seemed to get a lot of hard working immigrants that knew farming - we needed that - and then we got immigrants that knew science - we needed that at that time too. Now it seems in palm beach we are getting immigrants that know farming and we don't really need that. It is reversing gains, not enhancing them. How are we going to stay competitive with trends as they are?