Through moments of turmoil and moments of triumph, there
is never a shortage in this country of people, mainly politicians, reminding
the world that America will always be its preeminent power. Disturbingly enough, naysayers are often
called anarchists, making it all but impossible for one who expresses concerns
over America’s status as a world leader to reach elected office. But aren’t these naysayers the ones we should
be looking to most in times of crisis?
The business-as-usual, laissez-faire type attitude that the majority of
electees exhume during government stalemates only add to my worry, as an
American citizen. Is being honest and
expressing worry during uncertain times truly frowned upon by the public? If we don’t admit that there is a problem to
fix, what’s to stop political crises and shutdowns from becoming the norm?
Now I’m not running for office, but even if I were, I’d
be invalidating the integrity behind democracy if I didn’t profess that America
is no longer the preeminent power in the world, and hasn’t been for the better
part of three decades. Even making the
argument that America deserves the ambiguous title of “Best in the World” is
impossible given the fact that the US ranks 20th and 24th
respectively, in OECD rankings amongst 16-24 year olds for literacy and
numeracy rates. The latter statistic
ranks the US dead last in the countries included in the study, while the former
puts the country in front of only Italy and Cyprus, two of the most corrupt
countries included in the rankings.
Why does the US fare so poorly in youth education
rankings? Could it be our overindulgence
in military spending, which earmarks dollars for camouflage rather than
classrooms? Finland, South Korea, the
Netherlands, and Japan, the only countries to rank in the top-5 for both
literacy and numeracy rates, maintain military budgets per capita of $683,
$630, $586, and $466 respectively. The
US, on the other hand, spends a whopping $2,154 for each one of its nearly 317
million, which is just $211 per person less than the combined total of the four
aforementioned countries. We have come
to prioritize bombs, drones, and tanks over books, laboratories, and
libraries. And instead of contributing
to sparks in the minds of our youth, we have become consumed by creating
explosions by way of bombs. This, will
most certainly contribute to our demise as a world leader, as other nations
outpace us in education and technology while we prepare for the non-existent
Cold War II.
Now that we’ve established that American-bred children
aren’t inherently more intelligent than their foreign counterparts, we can
breathe a quick sigh of relief in acknowledging that for now the American
university system is still the most highly-touted in the world. The reason for this? I personally believe its success can be
attributed to the healthy competition between private and public universities,
and the system of meritocracy that awards scholarships and incentives to the
nation’s and world’s highest achievers.
While there are flaws in the system, including favoritism towards
legacies, and sometimes counter-productive affirmative action policies
(centered around race rather than wealth), America’s collegiate and university
system remains the foremost system of higher-education in the world, with six US
universities ranked in the top 10 global rankings. The problem, thus, isn’t attracting top
talent to the US, but retaining that talent.
As a byproduct of the flawed ideology behind American Exceptionalism,
foreign graduates of MIT, Stanford, Harvard, and Yale find themselves working
for Samsung, Airbus, Siemens, and Toyota rather than Apple, Boeing, GE, and
Ford as a direct result of outdated immigration/visa policies. Very few American companies are willing to
sponsor work visas, and those who do still find their foreign-born employees
struggling to get green cards allowing them to stay in the US longer. So while the world’s best and brightest come
to US shores to take advantage of the many educational opportunities, nearly
all take their newfound knowledge to their home countries after getting the
boot from Uncle Sam. Rather than
contributing to American GDP, innovation, and supremacy, these foreign geniuses
are forced to take their talents elsewhere in the globe, with many countries
welcoming them with open arms.
Adding to the United States’ idiotic self-obsession is
its promotion of the USD as the “world’s reserve currency.” Over 62% of foreign exchange reserves held by
foreign countries are US Dollars, which in short means a boatload of US
currency is sitting idle in the vaults of foreign countries, artificially
inflating the value of the USD, due to countries’ high, albeit declining,
demand for the currency as a reserve currency.
Modern monetary policy does little to account for this phenomenom,
making it appear as if the USD is actually worth what it is currently trading
it. Due to its artificially high value,
US manufacturers (the few that are left at least), find it incredibly difficult
to export their products abroad. Sure
this benefits US consumers who find foreign-made products cheaper than those
domestically, but it’s a major dagger in the side of any American manufacturing
resurgence. If any good comes out of the
latest Capitol Hill standstill, maybe it will be that countries decide the USD
is no longer stable or liquid enough to keep as a reserve currency. I‘m sure GM and Ford would appreciate that
bit of news.
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