understanding politics, considerations

Looking to the Future


February 18th, 2008 · Business, Economics, and Finance, World Affairs

David Brooks gets it:

[A] qual­ity work force was the sin­gle biggest rea­son the U.S. emerged as the eco­nomic super­power of the 20th cen­tury. Gen­er­a­tion after gen­er­a­tion, Amer­i­can work­ers were bet­ter edu­cated, more indus­tri­ous and more inno­v­a­tive than the ones that came before.

That progress stopped about 30 years ago. The per­cent­age of young Amer­i­cans com­plet­ing col­lege has been stag­nant for a gen­er­a­tion. As well-educated boomers retire over the next decades, the qual­ity of the Amer­i­can work force is likely to decline…

If I were advis­ing the Repub­li­can nom­i­nee, this is one of the places I’d ask him to plant his flag. I’d ask him to call for a new human cap­i­tal rev­o­lu­tion, so that the U.S. could recap­ture the spirit of reforms like the Mor­rill Act of the 19th cen­tury, the high school move­ment of the early 20th cen­tury and the G.I. Bill after World War II.

Doing that would mean tak­ing on the pop­ulists of the left and right, the ones who imag­ine the prob­lem is glob­al­iza­tion and unfair trade when in fact the real prob­lem is that the tal­ents of Amer­i­can work­ers are not keep­ing up with tech­no­log­i­cal change.

Doing that would also mean steal­ing ideas from both the left and right. Lib­er­als have spent more time think­ing about human cap­i­tal than con­ser­v­a­tives, who have tended to imag­ine that if you build a free mar­ket, a qual­ity labor force would mag­i­cally appear.

Yes. As I wrote in a prior essay, the United States has the abil­ity to take advan­tage of glob­al­iza­tion and allow the irre­versible process to ben­e­fit Amer­ica in addi­tion to the rest of the world. But doing so will require the United States to change its sub­par edu­ca­tional sys­tem, its unpre­pared work­force, and its shaky finances.

This is one of the rea­sons that I sup­port Barack Obama for U.S. pres­i­dent. Big changes require vision­ary lead­ers who can unite a coun­try and inspire it to make dras­tic reforms. I can­not see this occur­ing in a divi­sive pres­i­dency under Hillary Clin­ton, and I’m not sure that John McCain under­stands the immense changes that need to occur for the United States to remain viable in a glob­al­ized world.

Most impor­tantly, the United States will need a pres­i­dent who will blunt, hon­est and direct with the Amer­i­can peo­ple. The next sev­eral years will be scary because change is inher­ently unsta­ble and rarely com­fort­ing. But Obama will have the abil­ity to assure and inspire.