P.S. Hiding money from the IRS to evade taxes is a FELONY. So you advising that says a lot about the BS you post and your total lack of integrity.
Name all the great technical innovations that have come from outside the U.S. in the last decade or two.
Timmy's a POS and never should have been Treasury Secretary IMO but he claimed it was an honest mistake... there's a world of difference between that and explicitly advising people to commit felony tax evasion as Mom0/pH0x did.
That still does not take away from the economic point of view. According to the International Innovation Index which measures patents, r&D results, technology transfer, etc. The US is ranked eighth. Blu-ray= created by Sony DVD= Created by Phillips and Sony CD= created by phillips and sony Fujitsu mainly designs and builds sparc processors Fujitsu has the world's fastest processor NEC supercomputers various arm/mips- like and cpus for integrated devices Cell processor co-developed by Sony, Toshiba and IBM. Sony launched the first HD camera Sony created the 3.5 inch floppy disk Samsung created the first dram chip Samsung is the largest DRAM, SRAM and Flash Memory Samsung is the largest laser printer manufacturer The first mass produced digital audio player was developed in South Korea Nokia- largest cell phone manufacturer The first GSM network was launched by Ericsson Japan and South Korea have the fastest broadband, US is ranked 28th, Even Russia which has lower population density and sweden which is equivalent in density to the US have faster broadband speeds. ETC, ETC LOL Who the hell are you trying to kid? The largest question is where the US will be, not where it was. Stop living in the past.
It is not limited to geithner -Sam Sayyad husband of the Secretary of labor Hilda Solis Tom Daschle had to withdraw and so did Nancy Killefer. It is one gigantic coincidence, huh? Stop deluding youself. Name all the technical innovations of the US has solely developed in the last 10 years relative to the rest of the world and look at the percentage decline overall. The VHS was also developed by JVC and Phillips. You still cannot argue with the economics at the end of the day and that is the BOTTOM LINE. The British like to tell stories about their glorious empire too, but they only have stories left.
There really have not been many great technological innovations in the last ten years anywhere. Sure, computers have gotten faster, cell phones got smaller, digital imaging technology has improved. However, we seem to be in a period of refinement. Rather than new and life-changing inventions, we're seeing subtle improvements of old technology every year.
Going to college is a waste of time and money for many, perhaps most people. Unless you need the specific skills that college provides (to become a doctor, lawyer, engineer, physicist etc), or if you're wealthy enough that you have no need to start working immediately and can afford to blow four years and a few hundred K partying it up while you're young (and there's certainly something to be said for that), you would be better off learning a trade. Failing that, join the military and become a cop when you get out. Of course I agree that "low end" work (even being a plumber, electrician, or something similar) has lost its dignity in the eyes of many people. To some extent, this is because such jobs have become associated with immigrants.
Believe me that I'd love to believe this, but it's getting harder and harder to argue for it. There is more venture capital activity and entrepreneurship in the U.S., but social mobility is much lower in the U.S. and Britain than in many European countries: http://www2.lse.ac.uk/ERD/pressAndI...nts/archives/2005/LSE_SuttonTrust_report.aspx Individual initiative and so on now matters relatively more in other countries - while here in America, it's more important to pick your parents correctly than it is elsewhere.