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 - New Hitches For Your Old Tractor - by Chris Pratt. For this article, we are going to make the irrational and unlikely assumption that you purchased an older tractor that is in tip top shape and needs no immediate repairs other than an oil change and a good bath. To the newcomer planning to restore the machine, this means you have everything you need for the moment (something to sit in the shop and just look at for awhile while you read the books). To the newcomer that wants to get out and use the machine for field work, you may have already hit a major roadblock. That is the dreaded "proprietary hitch". With the exception of the
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