The March by the East
Whether we like it or not, the balance of power has shifted to the East. The Eminent historian Niall Ferguson discussed it during a recent editorial in the Financial Times of London. For those who doubt it, that doubt should come to an end here and now. They are graduating more engineers and are on a roll with a number of their recent achievements that I reported on here in "Outsiders".
As China marches on, America seems to continue to step back. Whether it is healthcare or education, America seems to not realize the long-term implications of inaction. One statistic that really disturbed was reporting recently done by the Chronicle of Higher Education. It showed that California, the 8th largest economy in the world, is No 46 out of the Fifty States of the United States in terms of higher education spending. I wonder how America is to hold on and maintain the edge that it wants to maintain.
As China marches on, America seems to continue to step back. Whether it is healthcare or education, America seems to not realize the long-term implications of inaction. One statistic that really disturbed was reporting recently done by the Chronicle of Higher Education. It showed that California, the 8th largest economy in the world, is No 46 out of the Fifty States of the United States in terms of higher education spending. I wonder how America is to hold on and maintain the edge that it wants to maintain.
Mike Pouraryan
