Fascinating article. Yet, it seems that your bottom line motivation is presented near its end:

“Today, however, there is no comparable effort to invest in education and health care for those who cannot afford it, to limit the effects of climate change, to reduce debt, or to do anything of significance to mitigate the headwinds we face. We are awash in nifty gadgets, but in many ways we are no better off than we were 30 years ago.”

Yet, you’ve minimized or ignored what those “nifty gadgets” signify — new ventures, startups, and new industries that are only just beginning to exert their influence on the economy… and our individual lives (and productivity).

Meanwhile, hotbeds of innovation in San Francisco, New York and Boston (to name a few) are creating much more than “nifty gadgets.” They’re inventing the future.