Judge for yourself.
Here's Charles Hugh Smith's evaluation of America's largest institutions:
| 1. Healthcare: a failed system doomed to bankrupt the nation. 2. Defense: a failed system of cartels and Pentagon fiefdoms that have saddled the nation with enormously costly failed weapons systems like the F-35 and the LCS (you know, those weird ships with hulls that slope in, not out, toward the top). 3. Higher Education: a bloated, failed system that is bankrupting an entire generation while mis-educating them for productive roles in the emerging economy. (I cover this in depth in The Nearly Free University and the Emerging Economy and Get a Job, Build a Real Career and Defy a Bewildering Economy.) 4. Foreign policy: Iraq: a disaster. Afghanistan: a disaster. Libya: a disaster. Syria: a disaster. Need I go on? 5. Political governance: a corrupt system of self-serving elites, lobbyists, pay-to-play, corporate puppet-masters*, and sociopaths who see themselves as above the law. |
