The sinking American Dream

Like anything else on the planet, our concept of the “American Dream” is an evolving moving target. It certainly isn't the same as it used to be more than 30 years ago went I came to this country. Right after World War II, the United States was the only world player with hardly any competition. Today, we are just a big participant among many, lean and hungry players. Growing global competition, corrupt politicians, poor governance, waste and overall complacency have killed most of the lifeblood that lived inside that dream.

While most Americans are scratching their head about ways to “create” jobs the old fashion way, I think it's now time to rethink our entire economic and political approach from scratch and bring forth profound reforms in the ways we are being governed, our politicians get elected and how long they stay on. We also need to re-invent the way we conduct international trade and - without being protectionists – incorporate simple balance in each of our bilateral trade agreements. How fast can these reforms begin to be implemented will decide if America is likely to keep on sinking or begin emerging again in a much more complex and highly competitive new world...