Americans have gotten away from sound fiscal habits, which among other things has led to our recession. There are four lessons we can learn from Chinese consumers, according to US News & World Report chief business correspondent Rick Newman.
Michael Bloomberg questioned critics who blamed China’s “policy” of subsidizing clean energy exports to the U.S. while restricting imports . He contended that Americans need to examine itself and more importantly, bring back the work ethic that it once had and that characterizes many first generation immigrants to turn around the current decline. The current scapegoating of China only magnifies the ignorance of a popular segment of American society.
While China and India are moving assertively towards global superpower status, the U.S., with its feckless partisan bickering, seems to be mired in political and economic stagnation. Other governments are showing a sense of urgency by investing in their respective countries’ futures.
Part 1 of this 5-part series addressed the importance of four interdependent components in building a culture of education in the United States: School; Parents/Family; Government; and Community. Last time, Part 2 asked why there is so little discussion of parent accountability in education reform. Part 3 goes into the third aspect, community and culture. […]