Investments, education, and government policy

A lot of exciting things are going on in my personal life right now, from a son not yet old enough to drive being accepted into college, to major overseas business opportunities which could significantly impact our family.  I’ve been off the radar lately as I spend more time diverted by such matters, but I’ve noticed how one issue after another intersects pointedly with public policy.

Through our son, we’ve seen first-hand the benefits to the community when public university and school funds are used in ways that encourage greater educational attainment (as opposed to teaching to the mean), business development, and scientific research and achievement.  After many years in private school, our son was able to attend a public charter school that was allowed to innovate and develop a nationally renowned science and engineering program which partners with a public research university.  This university has also been blessed with state legislators and a former governor who were willing to use funds in a way that encouraged the proliferation of new high-tech industry in a state desperately in need of such.  As a result, this university rivals MIT in business startups.  Not bad for a public university, which just recently accepted my 14-year-old son as a full-time student.

As the financial industry my husband has been involved in for over fifteen years has faced more and more government hostility and constantly evolving regulation that repeatedly fails to address the issues that could actually solve some real problems, we’ve been forced to look outside our traditional avenues of income for some sense of economic stability.  Our desire to invest resources overseas is encouraged by the fact that we’ve watched the Chinese begin shifting much of their capital from the US to some of the same developing nations and industries we’re investigating; nations whose governments are interested in encouraging economic growth throughout all strata of society and who have learned through hard experience the dangers of attempting to turn classes against each other in order to increase their own power.  These lessons will serve them well in the coming years if they can remember them better than we have.

Government has a place.  When our resources, those that belong to us the taxpayers but which have been entrusted to a government charged with serving all of society, are used to encourage job creation, innovation, and education we will all be better for it.  In a country where 73 percent of the political class say the country is heading in the right direction, but 84 percent of mainstream voters say it’s going in the wrong direction, we’d all better hope our politicians figure it out before too many more American businesses and workers simply give up and decide our best days are behind us – and take their dollars and education somewhere else, where government appreciates and encourages their contributions.

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