This news suggests to me that, while the American experiment may not have been closed out, the construction site has. We are not growing as a nation. By growth, I mean economic and intellectual growth. We're like a senior citizen entering his dotage. We're resting (comatose?) on the laurels of our institutions and our infrastructure. When we were fermented with change (throughout much of the 20th century), we got strong. Although we value life and liberty, we have gone too far in our pursuit of happiness. We need to get back to the work of maintaining a nation. Indeed, metrication is a part of that, and lack of metrication is symptomatic of our unwillingness to understand that we need a national revival.
James Frysinger wrote:

I won't say that our incomplete metrication is entirely to blame, but it certainly is not a helpful factor in our declining share of world trade, the shrinking value of the dollar, and our being passed by the UK in GDP per rata. Note this news article quoted on foxnews.com from The Times (London). Hmmm, didn't the UK just recently finish all but a few items on its to-do list for metrication?

It seems to me that our economy could benefit from the efficiencies of working in just one system of measurement, namely the simpler one of the two we now try to embrace.

With our shrinking participation in the world market we seem to be working ourselves toward becoming and "island" nation and toward a minor role in world economics.

Jim

Report: U.K. Set to Pass U.S. in Standard of Living

Saturday, January 05, 2008

Living standards in Britain are set to rise above those in America for the first time since the 19th century, according to a report by the respected Oxford Economics consultancy, the Times of London reported on Sunday.

According to the Times of London report, the calculations suggest that, measured by gross domestic product per capita, Britain can now hold its head up high in the economic stakes after more than a century of playing second fiddle to the Americans.

It says that GDP per head in Britain will be £23,500 this year, compared with £23,250 in America, reflecting not only the strength of the pound against the dollar but also the U.K. economy’s record run of growth and rising incomes going back to the early 1990s.

In those days, according to Oxford Economics, Britain’s GDP per capita was 34 percent below that in America, 33 percent less than in Germany and 26 percent lower than in France. Now, not only have average incomes crept above those in America but they are more than 8 percent above France (£21,700) and Germany (£21,665).

“The past 15 years have seen a dramatic change in the UK’s economic performance and its position in the world economy,” said Adrian Cooper, managing director of Oxford Economics. “No longer are we the ‘sick man of Europe’. Indeed, our calculations suggest that UK living standards are now a match for those of the US.”


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Paul Trusten, R.Ph.
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The Pharmacy Alliance
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