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Pillars of wisdom are a five-point plan

The foundation for success in America for generations has rested on five strengths: open immigration, education, sound infrastructure, protective regulation and strong public-private partnerships.

Throughout history, these five qualities have been the vehicle for people in America to take their talents and make the most of them to create a thriving economy that benefits everyone.

This is the foundation we have and the foundation we keep going back to.

America is an immigrant country and is the only country with the kind of open policy that welcomes talent from anywhere.  . It is no coincidence that the most inventive period in our history, with the possible exception of the Internet and post-Internet era, was the end of the 19th century, when immigration from Europe and Asia was at its peak. Albert Einstein, Leoh Ming Pei, Madeline Albright, Werner Von Braun, David Ho, Ang Lee – these are a handful of transplants who brought thei talent here and achieved greatness.

Education for the widest audience possible is also a hallmark of this foundation.   Access to education is open as it is in no other place.  Even though our students have been labeled as being behind in science and math, the system is still open enough to ideas to prepare young people for the rapid changes taking place throughout the world.

We may be slipping in architecture – not too many major projects like the Grand Coulee Dam or the San Francisco Bridge – but America still has the knowhow to restore the basic underbelly of the country and the technological knowhow to take the wireless structure that has become the backbone of the new economy to the next level. Compare the infrastructure in the U.S. to any country in Asia, and you will see how obvious this is.

Yes, it’s been said that regulations in America can sometimes drive business away, but this regulatory climate still favors equality and protection moreso than any other place in the world. Ask anyone who has done business in China or other countries in Asia and parts of Europe.

Lastly, while our federal government may sometimes seem dysfunctional right now, things are getting done on a local level because of public sector support for private research and innovation.  This still needs to be a national priority. President Obama has said as much.   Now it’s time to convince the rest of the Washington establishment that it needs to be done.

Throughout our history, these five foundations have made it possible to combine energy, talent, creative thinking and entrepreneurial spirit to grow a richer and powerful economy.


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