Not only are they doing what we did, but we as a country are slouching towards socialism/fascism at an accelerating rate. A combination of heavy-handed government regulations and high taxation have conspired to chase real manufacturing out of the country.
And I don’t just mean direct regulation - the president’s war on coal has already increased our energy costs significantly. And of course, who cannot see the enormous cost of complying with the new Obamacare, especially smaller outfits.
And many of our schools and colleges are preparing students to be welfare-sucking freeloaders instead of productive citizens. Because getting even with “the man” is more important than doing something useful these days.
I have been reading Forbes for decades. In the last year or so, the editorial thrust has been away from what I think of as the corporate world of the Dow jones and S & P 500 and redirected toward the entrepreneurial efforts all across the nation. Forbes has become in some ways a primer for going into business.
Forbes is a multinational company with editions in fact separate magazines in Europe and Asia. they have a good grasp of the global business effort. To remedy the problems in America, Forbes has set upon the solution of innovation that is in fact in process on a pretty grand scale.
Youth and innovation will solve the problem is what I have come to believe. Reverting to the past will not