Friday, September 9, 2011

Nick, Conor and Allison - What was Striking?

There were three things that struck our group as the most mind boggling. China's top 25% highest IQs are greater than the entire population of the United States. In India, that number is 28\%. China also has more cell phones than the total amount of people in the United States. Along with having more cell phones, China also has more honors students than the U.S. has children.

China has proven that they are a crucial part of the global economy. For example, if the United States gave China all of its work China would still have a labor force surplus. Also, 45% of college graduates in China earned a degree in engineering while only 5% of Americans did. In order for the United States to be a major competitor with China, more focus needs to be made on education, specifically encouraging education in information technology and the sciences. Without this focus, the United States will cease to be an economic powerhouse, ceding it to the rapidly growing economies of India and China. 

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