How Will the National Debt Shape the U.S. Economy?

  Рет қаралды 3,772

Wharton School

Wharton School

Күн бұрын

Пікірлер: 8
@nataalvesdearaujo
@nataalvesdearaujo Ай бұрын
Loving the spreach
@ericb4127
@ericb4127 2 ай бұрын
The "No Child Left Behind Act" basically lowered the basketball hoop to make the students seem taller.
@KasaBlanca007
@KasaBlanca007 2 ай бұрын
And they just lowered the grading scale again.
@ericb4127
@ericb4127 2 ай бұрын
" the jobs of the future belong to the cognitively gifted and the highly trained" I believe this quote comes from a book that came out in 94 called the bell curve
@ipeteagles
@ipeteagles Ай бұрын
we don't have a taxing problem we have a spending problem
@twhelostl61
@twhelostl61 Ай бұрын
When you live long enough. You hear all of this over and over. New ideas are gonna have to clear the air. It's such a mess.
@MsBDA
@MsBDA 12 күн бұрын
How does financial students that graduate practice horrible finance not ONLY FOR SELF BUT FOR THE ECONOMY?
@raftguy1376
@raftguy1376 Ай бұрын
You cant teach kids skills that will earn high wages. That thinking is outdated and defunct. Information, automation, offshoring, and AI has wiped that out. By the time you learn a technical discipline, it will evaporate and disappear. The value of a formal education has dropped to the level that you may never pay it off. And this effect is accelerating. Pretending that you can just retrain a human being to a sufficient level of depth, to have the leverage to ask for a higher wage, especially as people age, is outright lunacy. You cant. This is a mechanism to have people to pay decreases. Often which they cant afford. Because their industry disappears or their role has been efficienc-ied out of existence. People dont bounce back from that. They get screwed out of it. And no educator can forecast far enough out to justify their courses. Everyone is evening out to the bottom of the payscale. That is what is happening. Thats why AI terrifies people. Their leverage and worth is being decimated by a machine at a pace they stand no chance to compete with. And you can trash manufacturing back home as not a high payer. But you know what? Manufacturing means you have a larger supply of people that can increase the supply side of the economy. So investing in an increased supply (and the workforce, knowhow, and technological advancement coming from doing it in house) means you can do things like win a war. Or increase supply to avoid demand related inflation. Its not just about the take home wages of manufacturing jobs.
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