The parents of every generation expect and hope that their children can and will do better than they did. Ours may be the first generation, in a very long while, where it is both unlikely and unrealistic to have this expectation. This scarier world has just gotten much more complicated, much harder, and more competitive.  I reflected on this in a conversation with a friend, about how much easier we believed it was for us, as we were starting out in life.

It is inescapable that America’s pre-eminence in the world is changing.  Whether it’s the devaluation of our dollar as the standard currency or other factors, it is clear that we are weakening as the world’s super-power.  The fall-out from this translates to our industries, our economy, and the opportunities our children will have.