Were not building human capital the way we used to. Our primary and secondary schools are falling behind the rest of the worlds. Our universities are still excellent, but the foreign students who come to them are increasingly taking their educations back home. As other nations multiply their science and engineering graduatesbuilding the foundation for economic progressours are declining, in part because those fields are seen as nerdish and simply uncool. And our culture prizes cool.
No one is saying that Americans cant adapt and win once more. But look at our preparedness today for the emerging global economy, and the conclusion seems unavoidable: Were not ready.