In 2008, the United States was ranked #1 in global competitiveness by the World Economic Forum. 2009 dropped us to #2. Now, in 2010, we are #4.
Hmmm...yet, the stimulus was a success?
America's lowly citizens have more common sense than our ruling class. Those of us who work for our money know that when you don't have money, you don't spend money. Obamanomics follows a philosophy that suggests if I have no money, but continue to spend money and amass a mountain of debt, I'll eventually have money. Huh? (I wish they were as worried about debt as I am--I think I'm developing debtaphobia.)
But, without obamanomics we'd still eventually start descending anyway-- thanks to the Department of Education. Our schools no longer focus on exceptionalism, but cater to mediocrity. Instead of challenging our brightest students, we bring them down a notch so that the "average" and "below average" students don't "feel bad." (My parents took a different approach--if I didn't get an "A" my dad made sure I felt bad. So, I ended up valedictorian only because I was trying to avoid getting lectured. Well, and because that approach taught me to do the best I could do instead of settling for "average.")
What the DOE fails to realize is that the exceptional students are the ones who will create the jobs for the other students. I'd say it will feel worse for the average student to grow up to no jobs than it will if everyone doesn't get an "A."
So long as we keep catering to mediocrity, we will continue dropping in the rankings. Instead of changing our path, the government is spending us into oblivion to expedite our decent.