Exporting Innovation The American Economy of the Next 200 Years

Let’s Get This Out of the Way ….. I’m an Economist ….. That means: I’m a Mathematician, not a Politician …. So my opinions may not be popular, but they will always be backed up with data. Of course … that data and how it was collected can be argued, disagreed with and countered. Odds are though ….. I’ll still be right.

Economics Can be an Impractical Science……… The sad reality of arguing trade policy is that is a macroeconomic issue being discussed by people with mostly microeconomic concerns. You need to ask yourself: Am I willing to protect the economy and industry of this century for the economy and industry of the next century? How about the next two centuries? Essentially, when we discuss the importance of the TPP, this is precisely what is in the balance.

Inconvenient Truths…. People are concerned with their jobs, but economists are not. America’s only real hope is in the continued innovation economy.

Mother Necessity, Where Would We Be ……. The Cotton Gin The Electric Light Morse Code Sewing Machine Telephone Manned Flight Wireless Radio Massed Production of Automotive Assembly Lines Vertical Construction Vulcanized Steel Coal/Oil/Hydro For the Use of Electric Power, Heat and Production

But What of Our Economy Now? 4D Printing Focused Force Weapons Space Construction, Exploration, Colonization Genetic Therapies and Medicines Blood Cloning Organ Production Alternative Energy Quantum Computing Artificial Intelligence Big Data Predictive Modeling Holographic Communication Subatomic Particle Research

TPP and Innovation Regional Sharing of Innovation Regional Protection of Intellectual Property Innovation, Economic Security and National Security The Challenges Ahead…........

And There Are Certainly Challenges …. We no longer have an education system that fosters the development of individuals who understand how to design, build or repair hard technologies. The Debt Bubble, Online Education and “College” Our production and logistics infrastructure is behind the mark at best. LIFT!!! Ocean and Air assets for the distribution of goods will need to be reassigned and repositioned for growth. I submit to you that our entire national Energy Policy, Foreign Policy and Economic Policy is not aligned to this pursuit of innovative excellence. Enforcement of the Entire Agreement

Stop Your Whining. You can no longer depend on geography as a competitive advantage …… So your product has to be the best there is ……

Contact Information Pete Mento Principal Ryan Customs and Foreign Trade pete.mento@ryan.com 978.317.3250 Insert image and content information for all presenters.

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