The Hill News

With the economy on a shaky road to recovery, it has become clear that the Great Recession triggered a fundamental change in the way Americans are forced to operate in the globalized economy. Everyone is feeling the strains. The archetype of the “company man” is fast going extinct, schools and other public services are facing record budget cuts, our infrastructure is antiquated and deteriorating every day, and access to global labor markets has created a flat line in wage increases for the poorest Americans.
 
But it’s not all gloom and doom. America has long been the global destination for the planet’s most daring and innovative minds, and globalization has only fueled our ability to tap into the global intellectual fountain. Think of the recent slump as growing pains. With the sheer amount of change in the last generation, it is inevitable that there will need to be an adjustment period where we as a nation reinvent how we operate our economy and sta! rt to implement long-term solutions that will ensure a 21st century of unimaginable progress for all Americans.

Read more...