Is America turning into a third world country? [View All]

[RKP5637]

I though this was excellent...

Arianna Huffington
March 29, 2010 02:05 PM
When It Comes to Innovation, Is America Becoming a Third World Country?

"Is America turning into a third world country? That was the provocative topic of a panel I took part in last week at a conference sponsored by The Economist entitled "Innovation: Fresh Thinking For The Ideas Economy."

Once upon a time, the United States was the world's dominant innovator -- partly because we didn't have much competition. As a result of the destruction wreaked by WWII, the massive migration of brainpower to the U.S. caused by the war, and huge amounts of government spending, America had the innovation playing field largely to itself. None of these factors exist as we enter the second decade of the 21st century.

America now has plenty of countries it's competing with -- many of which are much more serious about innovation than we are. Just look at the numbers:"

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http://www.huffingtonpost.com/arianna-huffington/when-it-comes-to-innovati_b_512280.html