Falling (The Hidden Friedman)

Tom Friedman takes a step back from his geo-green posturing and looks to the wealth of our nation--our education and communication resources--in Facts and Folly (fully available to Times Select subscribers), which concerns three bits of recent reading material:
the Bush administration's National Security Strategy for 2006, the Economic Strategy Institute's study entitled "America's Technology Future at Risk," and the Teaching Commission's "Teaching at Risk." Where the BushCo paper presupposes that we'll always be a wealthy nation, the other two studies add a touch of realism to the discussion:

The Teaching Commission notes that "our schools are only as good as their teachers," yet this "occupation that makes all others possible is eroding at its foundations." Top students are far less likely to go into teaching today; salaries are stagnant; nearly 50 percent of new teachers leave within five years. To remedy this, the commission calls for raising teachers' base pay, finding ways to reward the best teachers, raising standards for acquiring a teaching degree and testing would-be teachers, on the basis of national standards, to be certain they have mastered the subjects they will teach (theteachingcommission.org).

Meanwhile, the report by the Economic Strategy Institute, a nonpartisan think tank, is equally harrowing. It notes that while the U.S. led the world in broadband Internet access in 2000, it has now fallen to 16th place. In 2000, 40 percent of the world's telecom equipment was produced in America. That share is now 21 percent and falling. The U.S. ranks 42nd for the percentage of people with cellphones.

In an age when connectivity means productivity, when communications infrastructure is at the heart of any innovation ecosystem, these things matter for job creation and growth. The lack of ultra-high-speed networks in the U.S. "makes it impossible for U.S.-based companies to enter key new business sectors" — one reason venture capitalists are moving their R.&D. start-ups to Asia, E.S.I. noted.

"The wealth and long-term economic growth of the United States," it added, "have long depended upon technological advancement as a means of competing with our foreign rivals. ... America's emphasis has always been on achieving such high levels of productivity that it could be the low-cost producer while still paying high wages." The study offers a variety of regulatory and investment prescriptions (econstrat.org).

It's not surprising that the Bush strategy paper is largely silent about these educational and technological deficits, as well as about the investment we need to make in alternative fuels to end our oil addiction. Because to acknowledge these deficits is to acknowledge that we have to spend money to fix them, and the radical Bush tax cuts make that impossible. It would be one thing if we were going into debt to solve these problems that affect our underlying national strength. But we are going into debt to buy low-interest houses and more stuff made in China.