What is going to be growth drivers in USA

I was talking to one of my very good friend and advisor and discussing about what is going to drive growth in USA. Well.. to begin with will there be any growth or not.. or it will follow UK/Japan style long years of limping growth.

We both agreed that USA still has lot of potential. There are tons of things happening which could drive growth of US economy. Honestly, we all agree that US gets one of the best brains from the world and these best brains in almost all the fields are respected and heard right at the top. So how could these so called best brains let US decline. They definitely should have some thing in mind. Hopefully!!!

Okay.. let us talk about us.. not so great minds but still some thoughts.. What could drive growth.. What ever it may be.. it has to be substantial or Quantum jump from current technologies. One obvious area looks to be Bio-Tech. It is there for long time but yet to culminate in real good growth. Hopefully this could be our short term bet.. What else.. my friend suggested that US still has lot more edge in security (or in another words.. War tech). So that is going to be short/ long term thing which can continue to drive growth in US and helping us become another UK/Japan.

Still I am not really convinced that these things alone can drive substantial growth in future.. We need tons of new Intel/Apple type of companies which can create substantially better products as compared to today and drive growth here in US. Alternate Energy could be another item.. however, it all depends if we can keep oil price more than $80 a barrel or not.. risky bet..

Another very strong idea which I think I have repeated in some of my earlier blog entries is Creativity.. No body can beat US in creativity, Imagination, Sales.. my kids were ask to give demo/presentations in pre school.. I didn't knew what is power point or presentation till final year of my engineering when I had to forcibly prepare presentation for my project work.. However, US is full of energy to deliver creative ideas.. in movies.. Only Hollywood can make Avatar/Titan.. in Sports.. there can only be one Kobe Bryant or Jordan.. or NFL/NBA etc.. Off course there is only one Vegas!! and one real authentic Disneyland in LA... (rest all are fakes/replica).. I guess.. bottom line is.. US should become entertainment center of the universe.. with all these things in your belt.. sell them and sell them hard..

What do you think.. are you comfortable with US future.. or do you have any thoughts on what could be next big thing which will make US prosper again?? or not.. I think US has done it many times and will do it.. We have many other nations to learn what not to do to become UK/Japanese economy!!

Cheers!!!