Part 6/8:
Colonel MacGregor articulated a dire view of the American economy, suggesting it suffers from “stage four terminal cancer,” due in part to unsustainable defense budgets and outdated military paradigms. He advocated for a sharp pivot toward domestic focus, prioritizing economic sustainability over international entanglements. Meanwhile, Dr. Pascal echoed this sentiment, underscoring the necessity of engaging emerging economies on mutual terms.
One critical area noted by Colonel MacGregor is human capital—the education system in the US is failing to produce a skilled workforce capable of competing in an innovation-driven economy. The panelists called for educational reforms that tie academics to job markets, ensuring a skilled populace ready to tackle future challenges.