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Rising Above the Gathering Storm: Energizing and Employing America for a Brighter Economic Future
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The United States takes deserved pride in the vitality of its economy, which forms the foundation of our high quality of life, our national secu- rity, and our hope that our children and grandchildren will inherit ever- greater opportunities. That vitality is derived in large part from the produc- tivity of well-trained people and the steady stream of scientific and technical innovations they produce. Without high-quality, knowledge-intensive jobs and the innovative enterprises that lead to discovery and new technology, our economy will suffer and our people will face a lower standard of living. Economic studies conducted even before the information-technology revo- lution have shown that as much as 85% of measured growth in US income per capita was due to technological change.1 Today, Americans are feeling the gradual and subtle effects of globaliza- tion that challenge the economic and strategic leadership that the United States has enjoyed since World War II. A substantial portion of our workforce finds itself in direct competition for jobs with lower-wage workers around the globe, and leading-edge scientific and engineering work is being accomplished in many parts of the world. Thanks to globalization, driven by modern com- munications and other advances, workers in virtually every sector must now face competitors who live just a mouse-click away in Ireland, Finland, China,
978-0-309-10039-7
NONE
Management
English
2005
1-591
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