Andrew Tobias has some scary thoughts: Are We Lagging Technologically? Here’s his concluding words:
And what are we to make of the notion that our kids go to school 180 days a year, while our competition’s kids go to school 240 days a year? Can this bode well for our relative prosperity 20 and 40 years from now?
Or of the more recent Tom Friedman column in which he quoted Bill Gates — “American high schools are obsolete . . . [E]ven when they are working exactly as designed, they cannot teach our kids what they need to know today.” Friedman translated Gates’s comments this way: “If we don’t fix American education, I will not be able to hire your kids.”? And he noted that “neither Tom DeLay [nor] Bill Frist called a late-night session of Congress — or even a daytime one — to discuss what Mr. Gates was saying. They were too busy pandering to those Americans who don’t even believe in evolution.”
Which perhaps brings me to the last bad sign of late — according to an NBC news poll, about 65% of us do not believe in evolution.
Have I mentioned frequently enough that any equity portfolio should include international index funds as well as domestic?