Our Ambition Gap
- When jobs are sent abroad 75% is saved in wages and quality and productivity goes way up. A low-wage, low-prestige job in America becomes a high-wage, high-prestige job in India. As a result, it is getting harder for Americans to qualify for high end jobs. Immigrants are always hungry and they don’t have a back up plan. Kids of educated advantaged people have a sense of entitlement. The competition is coming and many kids are going to move into their 20’s clueless about these rising forces. In China, Bill Gates is Brittany Spears. In the United States, Brittany Spears is Brittany Spears and that’s part of our problem.
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Tags: The World Is Flat, Thomas Friedman