This year. despite the economic slowdown. the United States of America will create about 30 percent of all the worlds wealth for 5 percent of the worlds people. who are those of us who live in the United States. That is an astonishing fact. There are many reasons for it. including our free market system. our geography. our character. the immigration that has brought talented people from all over the world who are entrepreneurial in their spirit. But most people agree that the major fact in the high standard of living for this country since World War II has been our brainpower advantage. We have not only some of the best universities in the world. we have almost all of them.
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immigration