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CAN AMERICA COMPETE?
Pages 4-7

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From page 4...
... On the other hand, America this past year accomplished an extraordinary sweep of science-related Nobel prizes; the overall economy continues to be reasonably sound; and an extraordinary Team USA took first place at the 2007 International Biology Olympiad, squeezing past Team China. The US team's Gold Medal winners were Meng Xiao He, Barry Liu, Mark Shteyn, and Helen Yang.
From page 5...
... The neighbor's fiberglass vessel was adorned with nylon lines, Dacron sails, a high-strength aluminum alloy mast capped with a radar antenna, and a bridge replete with the latest versions of GPS, depth finders, and radio equipment. Its owner, an attorney, was carrying a 10-megapixel digital camera with a stabilized lens and wearing photosensitive sunglasses.
From page 6...
... , it faces inevitable decline." The Council of Graduate Schools 2007 report Graduate Education: The Backbone of American Competitiveness and Innovation asserted that "we can no longer take for granted America's continued leadership in inno vation and competitiveness." Indeed, during the past 3 years alone, at least 16 significant reports on America's growing competitiveness disadvantage have been issued by such reputable organizations as the Council on Competitiveness, the Business Roundtable, the Brookings Institution, the Association of American Universities, the Center for Strategic and International Studies, the National Association of Manufacturers, the President's Council of Advisors on Science and Technology, the Task Force on the Future of American Innovation, the Technology CEO Council, the US Chamber of Commerce, The Council of Graduate Schools, and the National Academies. Today, it is possible that our nation's adult generation will, for the first time in his tory, leave their children and grandchildren a lower sustained standard of living than they themselves enjoyed.
From page 7...
... But it is of little consolation that others may be even closer to the edge, at least at this moment, than we. The words of London consultant Mark Foster ring true: "The change is from globalization going one way to globalization going every way." The impact of this tidal wave will be felt for many years by the citizens of all nations -- and not all equally.


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