What are the challenges confronting the United States?
Question: What are the challenges confronting the United States?
David Patrick Columbia: Well the main challenge confronting the United States today from my point of view is how we’re going to get ourselves out of this state of indebtedness that we’ve put ourselves in over the last few decades – particularly the last decade. It’s just like having grown up in a household where there never was any money, and there was always a great deal of personal debt. It’s an anxiety that actually influences and alters everything, and we now are facing that. We are now a debtor nation whereas only 50 years ago were the richest nation and creditor nation in the world. And now we’re a very, very big debtor nation, and we still have the attitude of being a creditor nation.
It’s like the credit card mentality, which is there’s always money there as long as you’ve got a piece of plastic, but it’s not really true.
Conducted on: October 29, 2007
The dangers of debt...
Swipe right to make the connections that could change your career.
Swipe right. Match. Meet over coffee or set up a call.
No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.
A completely unexpected discovery beneath the ice.
- Scientists find remains of a tardigrade and crustaceans in a deep, frozen Antarctic lake.
- The creatures' origin is unknown, and further study is ongoing.
- Biology speaks up about Antarctica's history.
Jeff Bezos, the founder of Amazon.com, explains his plan for success.
- Jeff Bezos had a clear vision for Amazon.com from the start.
- He was inspired by a statistic he learned while working at a hedge fund: In the '90s, web usage was growing at 2,300% a year.
- Bezos explains why books, in particular, make for a perfect item to sell on the internet.
It's one factor that can help explain the religiosity gap.
- Sociologists have long observed a gap between the religiosity of men and women.
- A recent study used data from several national surveys to compare religiosity, risk-taking preferences and demographic information among more than 20,000 American adolescents.
- The results suggest that risk-taking preferences might partly explain the gender differences in religiosity.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.