I started getting the National Geographic magazine again. I used to look at them regularly when I was in grade school and high school many years ago but haven’t noticed them much since then. Many joke that older people like myself get NG because of the larger print. Personally speaking there is probably some truth to that. But it does have a lot of very interesting topics in between the covers and I have more time to read them now. This month there is also a large wall poster about the "World of Seven Billion”. I will spend a few posts here discussing that topic.
In the U.S. the top 20% of households are make more than $90,000. The top 20% of the world households make more than $12,000. This is a huge disparity! In the overall scheme of things everything seeks balance. As the world becomes more connected we become more homogeneous. Some don’t like that at all but it generally the case over the long run. Given the fact that there are so many people in the world that will the unskilled work for $1/hour it seems very unlikely that our industrial base will ever return to the U.S. So, the factory work that paid $20/hour or more is pretty much gone. The sooner we accept that fact the better.
Where the U.S. excels is in new discoveries. That is what keeps us in the affluent lane of the world. But since new discoveries pretty much depend on a strong math and science background, how long will we maintain that technological advantage? Long story short, we need to do a better job of educating our youth. The big part of that is to get away from the ‘nerd’ mentality. Instead of mocking nerds all of us should be one!
But what do I know…