Ingemar, Richard, Guy et al,

Thanks for the relevant posts.  In the U.S. we seem to have lost our way.
The "fall of the Roman empire" analogy is appropriate but it's not readily
apparent that we learned from it.  Who was it that said "he who fails to
learn from history is doomed to repeat it"?

As for the decreased timeframe of that happening, imagine how much faster
the empire could have fallen had the Romans employed the internet like we do
today.  Several years ago I wrote a small section of an editorial in an
advanced technology publication.  The theme of the issue being published was
something to the effect of Why Aren't We Innovating Any Longer?  One of my
responses was that we are too consumed with personal comfort, the
entertainment industry and professional sports.

When we were becoming the richest nation in the world we weren't paying
athletes and celebrities such exorbitant salaries or driving grossly
inefficient, fuel guzzling vehicles.  It's perfectly OK to spend some of the
rewards derived from the fruits of our innovative efforts but the balance
has tipped too far the wrong way.  For sure, the "market" decides everything
and the market has gotten what it's asked for.  We have to accept
responsibility for it and decide where to go from here.  Let's hope it's not
too late.

Roger Mouton
 
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