Hi y'all - I agree with Taylor (once in a while.) Using the benefit of
hindsight, I spent 40 years in Europe and one common theme was - the
braindrain. "All the smart ones are leaving for the US." "The rats are
deserting a sinking ship." At the time I had some sympathy with this
argument, after all, I came here. Nevertheless, as Taylor points out,
Europe is doing very well thank you, and I think we'll follow suit.

On Oct 24, 2:09 pm, Taylor <[EMAIL PROTECTED]> wrote:
> <<In the future, the United States will probably have the role of
> being
> a cultural mecca or international nexus where people go to study and
> think about the world>>
>
> I think that level of pessimism is unwarranted; it assumes the present
> trend continues, which it probably will not.  An Obama election may be
> the signal of a turnaround.
>
> Remember that Britain's dominance of the world declined after WWI and
> II, but it experienced a renaissance starting in the Thatcher years.
> It has the power appropriate for a nation of its size.
>
> In fact, most of countries of Europe experienced a peak where they
> were the preeminent power on the continent.  Today, while none of them
> is dominant, they all enjoy a high standard of living and are in no
> way a third-world country.
>
> Think "regression towards the mean".
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