America: Knowledge Leader No More?

In a viewpoint piece at BusinessWeek Online, EMC Chairman Mike Ruettgers says what many, including NY Times Columnist Thomas Friedman, have been saying for over a year now: America is losing the battle to remain the world's "knowledge leader." With India and China turning out a multiple number of engineering grads than the US, it's only a matter of time before we'll look to those nations for innovations and new product development. That'll mean redistribution of global wealth, and that my friends, is a scary proposition.