With a GDP of $19 trillion, America is the richest country in the world. However, the IMD World Competitiveness Center recently ranked our education system as 24th out of 61 countries, and the American Society of Civil Engineers recently rated our infrastructure—the roads, bridges, and water systems that were once the envy of the world—as a D+.
These failings are so often cited that we have become numb to them. If our education and infrastructure systems, which are largely managed and paid for by state and local governments, were improving, these poor ratings would be easier to tolerate. But the opposite is true.