Too much emphasis has been placed on lawyers and stock brokers instead of cultivating engineers and scientists. What will the United States have to export in the coming years? Production is already gone while technology, science and research are also diminishing…
In the past two decades this nation has been primarily focused on stock markets and lawyers. Finance and lawyers - disciplines that are intended to service the community / industry needs, have become the focus and goal of American society looking for a quick buck. This approach is taking over knowledge, science and engineering. Look back to realize that when US had a strong economy (yes, in the days that it was a world leader), its leadership was based on science and technology advancements.
We had this recession coming. What can the American economy achieve with the majority of its talent pushing stock or debating in courts? In the past two decades we've been losing significant portion of production jobs to under-developed countries, and now we are about to lose what used to be our technological leadership …. and engineer jobs.
Lawyers and stock brokers don’t build strong economies. Science and engineering does. Yet the engineers are out of work. Corporations get Federal aid while opening more production and R&D facilities in China and other parts of the world. They are actually handing over American technology and achievements to those offshoring destinations that we lose our jobs to.
What will the United States have to export in the coming years? Production is already gone while technology, science and research are also diminishing (yes, while lawyers prosper and bankers fail our economy). If this goes on, the US will become a consumer society only with no assets to offer in global markets. Where will the money come from? How will the US pay for its import? By exporting lawyers or legal services maybe?
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