The President’s first State of the Union address did touch on protectionism, when he encouraged
exporting and keeping jobs in-country.
He made mentions of BRIC countries who seemed to “never sleep” until they become number 2 (without the eye patch!).
We are living in freaky economic times i.e. on the cusp of some tectonic shifts.
Not sure we are ready for them. Before the 80’s, ATT would not allow any device to attach to their network until the Carter phone decision,
which gave birth to MCI and the rest.
Similar incumbent mentality is now experienced across the board: instead of exploit time, we simply do time (in CA, many even serve time, and soon get outsourced by the budget-creative governor).
It’s less painful on this side of the financial melt down, but “devastation still continues” (a Trillion dollar price tag).
Meanwhile, innovation knows no border. Crowd-sourcing Peugeot have come up with a dozen impressive cars of the future, while Ford can barely get permission to roll out its European Fiesta version here at home (highest price tag among cars in its class).
It’s time to invent, invest and improve every process, offshoring included.
Hardship and hard times will pass.
That’s what medals are for: bravery in face of danger.
Lately, there hasn’t been that many medals pin on anybody’s chest. Just hand-cuffs on Madoff-and-company’s wrists.
The President touched on that “erosion of trust” theme a couple of times. To trust and believe in the dream again, we need instant amnesia.
I broke my arm on my first month of Hapkido. Luckily, I was in Junior high at the time. Young body heals more quickly.
In the span of time, the US of America is relatively “junior” as compared to other major civilizations. Perhaps young bones will recover just in time for the next
boom. I hope it’s boom, not bubble.