A new report from the National Science Board says that when it comes to high tech industries, the U.S. is still by far the global leader.
There's a common trope that the United States, having been gutted of its manufacturing jobs by the brute force of globalization, is now on the verge of giving up its crown as the world's leading innovator. Yesterday, The Washington Post published an article on our loss of high-tech manufacturing jobs to Asia that played right into the theme. Here was the apocalyptic lede:
The United States lost more than a quarter of its high-tech manufacturing jobs during the past decade as U.S.-based multinational companies placed a growing percentage of their research-and-development operations overseas, the National Science Board reported Tuesday.
Scary stuff. And a bit overwrought.
There's no question that the U.S. needs to be vigilant about its place as the world's research lab. But when it comes to R&D, we're still number one, and the report cited by the Washington Post, "Science and Engineering Indicators 2012," actually helps our case.
In 2009, the United States was responsible for 31% of of the world's R&D spending. That was down from 38% in 1999. As the Post dolefully notes, R&D expenditures in "China and nine other Asian countries have risen to match that of the United States." Is that so scary? It takes China, Japan and eight other high-growth Asian countries just to equal total research spending in the U.S. Are we supposed to mourn the death of a unipolar R&D age?
The picture brightens further once you look at US R&D growth independently. From 2004 to 2009, it grew from $302 billion up to more than $400 billion. Even after the recession, investment (at least, non-residential investment) in the United States has been anything but moribund.
Some American corporations have moved their highly technical design and engineering work to manufacturing centers in Asia, particularly China. But that shift hasn't been dramatic. In 1999, U.S.-based multinationals spent 87.4% of their R&D budgets, about $126 billion, domestically. In 2009, they spent 84.3% of their budgets here, or roughly $199 billion. We're taking a similar slice of a much bigger pie.
So a massive shift in R&D towards Asia is still largely hypothetical. But what about those hundreds of thousands of high tech manufacturing jobs we've lost? In some industries, the losses have been due to the migration of manufacturing to Asia, such as personal electronics. But that's just a piece of the story. We can also blame the recession and the large jumps in U.S. productivity fueled by technological advances.
In the end, the U.S. still has the world's most robust set of high-tech manufacturing industries, which according to the NSB include pharmaceuticals, communications equipment, computers, aircraft and spacecraft, scientific and measuring equipment, and semiconductors. We may not rule in cell phones these days, but we do well in aircraft and drugs. Measured by value added, the U.S. high tech sector was worth $390 billion in 2010. Compare that to the second place European Union, at $270 billion, and third place China, at $260 billion.
Should we be on guard? Yes. We need to keep investing in education and research to maintain our place in the world of discovery and technology. But, despite some dour headlines, we're still here.
The social network learns more about its users than they might realize.
Facebook, you may have noticed, turned into a rainbow-drenched spectacle following the Supreme Court’s decision Friday that same-sex marriage is a Constitutional right.
By overlaying their profile photos with a rainbow filter, Facebook users began celebrating in a way we haven't seen since March 2013, when 3 million peoplechanged their profile images to a red equals sign—the logo of the Human Rights Campaign—as a way to support marriage equality. This time, Facebook provided a simple way to turn profile photos rainbow-colored. More than 1 million people changed their profile in the first few hours, according to the Facebook spokesperson William Nevius, and the number continues to grow.
“This is probably a Facebook experiment!” joked the MIT network scientist Cesar Hidalgo on Facebook yesterday. “This is one Facebook study I want to be included in!” wrote Stacy Blasiola, a communications Ph.D. candidate at the University of Illinois, when she changed her profile.
People labeled “smart” at a young age don’t deal well with being wrong. Life grows stagnant.
ASPEN, Colo.—At whatever agesmart people develop the idea that they are smart, they also tend to develop vulnerability around relinquishing that label. So the difference between telling a kid “You did a great job” and “You are smart” isn’t subtle. That is, at least, according to one growing movement in education and parenting that advocates for retirement of “the S word.”
The idea is that when we praise kids for being smart, those kids think: Oh good, I'm smart. And then later, when those kids mess up, which they will, they think: Oh no, I'm not smart after all. People will think I’m not smart after all. And that’s the worst. That’s a risk to avoid, they learn.“Smart” kids stand to become especially averse to making mistakes, which are critical to learning and succeeding.
The question is at the center of the Greek crisis.
In 1961, the economist Robert Mundell published a paper laying out, per the title, “A Theory of Optimum Currency Areas.” In it, he inquired about the appropriate geographic extent of a shared unit of money. Was it the world? A country? Part of a country? A border-spanning region of, say, the western parts of the United States and Canada, with a separate currency circulating in the eastern parts of the two countries?
“It might seem at first that the question is purely academic,” he wrote, “since it hardly seems within the realm of political feasibility that national currencies would ever be abandoned in favor of any other arrangement.” But it was worth considering anyway, in part because “certain parts of the world are undergoing processes of economic integration and disintegration,” and an idea of what an “optimum currency area” would look like could help “clarify the meaning of these experiments.”
The star has been accused of having a “large blind spot” on issues of race—but testing the boundaries of jokes is part of the process of stand-up.
There’s a fine line in comedy between subversive and offensive, and with every meteoric rise from stand-up to film and television stardom these days, there tends to be controversy over whether or not that line has ever been crossed. Amy Schumer, whose Comedy Central sketch show Inside Amy Schumer has been dominating the Internet on a weekly basis since its third season debuted in April, and who stars in the upcoming Judd Apatow comedy Trainwreck, is the latest figure to experience the pitfalls of being under such sharp scrutiny. A recent profile of Schumer in The Guardian by Monica Heisey, although largely positive, criticizes the comedian for having a “shockingly large blind spot” on race—and cites some clunky jokes she’s made about Latinos as examples.
Over the last two weeks, Republican presidential candidates have repeatedly missed opportunities to demonstrate that they care about communities outside of their traditional base.
After Mitt Romney’s defeat in 2012, the Republican National Committee published an “autopsy.” “When it comes to social issues,” the autopsy declared, “the Party must in fact and deed be inclusive and welcoming. If we are not, we will limit our ability to attract young people.” The autopsy also added that, “we need to go to communities where Republicans do not normally go to listen and make our case. We need to campaign among Hispanic, black, Asian, and gay Americans and demonstrate we care about them, too.”
The last two weeks, more than any since Romney’s defeat, illustrate how miserably the GOP has failed.
Start with June 17, when Dylann Roof, a young white man enamored of the Confederate flag, murdered nine African Americans in church. Within three days, Romney had called for the Confederate flag’s removal from South Carolina’s capitol. Four days later, the state’s Republican governor and senators called for its removal too. But during that entire week—even as it became obvious that the politics of the flag were shifting—not a single GOP presidential candidate forthrightly called for it to be taken down. Instead, they mostly called it a state decision, a transparent dodge politicians deploy when they don’t want to make a difficult call.
For centuries, experts have predicted that machines would make workers obsolete. That moment may finally be arriving. Could that be a good thing?
1. Youngstown, U.S.A.
The end of work is still just a futuristic concept for most of the United States, but it is something like a moment in history for Youngstown, Ohio, one its residents can cite with precision: September 19, 1977.
For much of the 20th century, Youngstown’s steel mills delivered such great prosperity that the city was a model of the American dream, boasting a median income and a homeownership rate that were among the nation’s highest. But as manufacturing shifted abroad after World War II, Youngstown steel suffered, and on that gray September afternoon in 1977, Youngstown Sheet and Tube announced the shuttering of its Campbell Works mill. Within five years, the city lost 50,000 jobs and $1.3 billion in manufacturing wages. The effect was so severe that a term was coined to describe the fallout: regional depression.
The second episode of the new season was a slow burner with a dramatic twist.
Let’s start at the beginning, with Frank in bed with his wife, Jordan, discussing water stains on the ceiling and childhood entombments. I don’t know about you guys, but I found this whole bit slack and familiar. Maybe there was a two-minute scene in there, but five? Maybe a more charismatic actor could have pulled off that lengthy monologue. But Vince Vaughn is no Robert Shaw, and his childhood basement is no U.S.S. Indianapolis.
Tuesday is the official deadline for the Greek government to either make a deal with debtors or face default and its consequences.
Fitch Ratings Agency has downgraded Greece one level to ‘CC’ as the country nears their midnight deadline. In a release, the agency cited ongoing political and economic turmoil that has kept the country from making a deal to avoid defaulting on its debts as the reasoning behind the downgrade.
With less than one hour left until midnight, it is a virtual certainty that the country will not receive an extension on loans owed to its creditors. In an interview, Eurogroup President Jeroen Dijsselbloem said, “The facts are that the program will expire tonight, and Greece will be in default tomorrow. That is something that I don’t think we can stop between now and tomorrow morning.”
New Jersey Governor Chris Christie was once seen as a frontrunner. As he starts off his campaign now, he’s near the back of the pack.
Did Chris Christie already miss his chance to be president? Back in 2012, the New Jersey governor was wildly popular at home, Republicans were clamoring for him to enter the presidential race, and donors were lined up to write checks.
When he jumped into the race Tuesday, he did so as a beleaguered insurgent. He’s among the last entrants to a crowded field, he has much ground to cover in fundraising, and his political fortunes are in tatters. Just three in 10 New Jerseyans approve of his handling of his job, and Christie’s favorability is deeply underwater among Republican primary voters.
Clearly, it’s been a rough three years for Christie. One might peg the start as Christie’s speech at the 2012 Republican National Convention, panned by party insiders as self-serving; or perhaps it was his embrace of President Obama on an airstrip after Hurricane Sandy. Then there was “Bridgegate,” the controversy over lane closures on the George Washington Bridge. While Christie himself has escaped legal trouble so far, two former top aides have been charged with crimes and a third has pled guilty. The scandal is particularly damaging for Christie, who says he was unaware of the apparently politically punitive closures, since his case for office rests on credibility and competence. While it’s gotten less national attention, Christie’s stateside struggles have a lot to do with the Garden State economy. Atlantic City is shutting down. (Maybe everything that dies someday comes back, but not soon enough for Christie’s campaign.) The state’s debt rating has been cut nine times during the Christie governorship. A judge also ruled that a Christie plan to cut pension payments was illegal.
The power in the president’s eulogy for Clementa Pinckney came not from his singing, but from the silence that preceded it.
Coverage of the memorial service held for Reverend Clementa Pinckney in Charleston last week focused largely on the surprising moment when the leader of the free world broke into song. That song, of course, was “Amazing Grace” and the president sang it distinctly in the style of the black church.
For all the attention Obama’s unexpected performance received, though, it’s worth taking another look at the “Amazing Grace” clip, this time watching for the silence. His singing seems to be a release of the collective tension that had been building for a week after the Emanuel A.M.E. shooting. But the preceding pause seems to hold its hearers captive. Though he is frequently interrupted with cheers and amens throughout his eulogy for Reverend Pinckney, the pause he takes 35 minutes into the speech is easily the longest break from the text before him.