India's population is roughly 1.2 BILLION people. China's population is roughly 1.3 BILLION people. If just 10% of those 2.5 BILLION people earn college degrees, we are looking at a work force of 250 MILLION college educated workers in India and China. The USA has roughly 300 MILLION total people. China and India are poised to have nearly as many college educated workers who will work for 1/3 (or less) of the wages of an American worker than we have total people all just one mouse click away via the internet and global communications. Anything that can be automated and hasn't already been automated will be, and it will moved to the workforce with the highest education and lowest cost. Anything that can be determined with a formula (banking, accounting, computer programming) will also be done elsewhere. America is going to have to "out-innovate" the rest of the world to stay competitive.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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