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Fourth EconomyWe, America, have lost our edge while our competitor nations are not waiting for us to wake up and realize it.  They are investing in innovation programs designed to spur the next and future generations of entrepreneurs. And they are doing so in big, bold ways.  In this country on the other hand we have leadership paralysis at all levels of government and in most communities we lack private sector leadership to organize and call for change.

I would like to add my voice to a growing list of people that are screaming the warning call.  Thomas Friedman in an Op-Ed piece last week Thomas Friedman describes a conversation with a colleague form the National University of Singapore regarding investment that we are making in energy innovation.  While Singapore has invested $ Billions, our Congress has appropriated only $25 Million.  Friedman sums up his frustration with the statement, “Welcome to Tea Party America, think small and carry a big ego.

Small thinking is what is really killing jobs in this country. Elected leaders speak in sound bites and think only about what will happen until their next election.  There are very few brave leaders willing to take a risk for a plan with a 4, 6 or 10-year horizon.  Many private sector leaders think only about this years tax bill and maximizing shareholder profit.  So we argue over the small stuff and blame everyone else for the economy.

To read the full, original article click on this link: Time to Wake Up… - Fourth Economy

Author: Rich Overmoyer