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Thread: Education Spending Won't Create Jobs

  1. #1
    Veteran Member BombJack Arcade Champion, Bubbels Champion Daktoria's Avatar
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    Education Spending Won't Create Jobs

    Education Spending Won't Create Jobs

    by Phyllis Schlafly April 1, 2011

    Contrary to Obama's political rhetoric, more taxpayer spending to send more students to college will not reduce unemployment or improve the economy. It's just Obama's way of finagling the unemployment statistics by listing young people as students instead of as unemployed.

    A report by the Federal Reserve Bank of Cleveland confirmed that when it comes to long-term unemployment, the length of unemployment is unrelated to education level. Although employment is higher for people with more years of education, the duration of unemployment is the same for all education levels.

    A new phrase is now commonly included in job ads for all kinds of positions: "must be currently employed." Charts from the Bureau of Labor Statistics show remarkably parallel lines for the duration of unemployment of Americans age 25 and older who have less than a high school diploma, only a high school diploma, some college, or a college degree.

    The Obama Administration continues to propagate the falsehood that solving the unemployment problem requires "more investments in education." Investment is a favorite liberal code word for more spending and higher taxes.

    As globalization spread and was touted by the elites as the wave of the future, conventional wisdom was that only blue-collar manufacturing jobs would be sent overseas while college grads were safe. That assumption is now obsolete, as computers and telecommunications have made it possible to offshore the jobs of college-educated employees.

    I thought it was a tossup as to which was the greatest education scandal: the $2 trillion taxpayers poured into public schools that failed the twin goals of improving student achievement and closing the gap between higher-income and lower-income students, OR the colossal debt students accumulate to pay exorbitant college tuition prices. But the Chronicle of Higher Education reported a third scandal under the headline "The Great College-Degree Scam."

    The Center for College Affordability and Productivity (CCAP) found that approximately 60% of the increase in the number of college graduates from 1992 to 2008 now work in relatively low-skilled jobs that need only a high school diploma or less. The actual count is 17.4 million college grads working in occupations that the Bureau of Labor Statistics classifies as not requiring college, such as cashier, waiter, waitress, or bartender.

    Facts do not deter the Obama Administration from playing the false tune that more federal education spending is the key to more jobs. White House Domestic Policy Adviser Melody Barnes reprised this myth with a stream of buzzwords: education is the "key to winning the future," we need to "improve educational outcomes" so we can "win in the global marketplace," we must "out-educate the world" and put "greater emphasis on critical thinking and collaborative problem solving," and grab "our generation's 'Sputnik moment.'"

    Vice President Joe Biden joined in this campaign by launching his "College Completion Tool Kit," a bunch of expensive suggestions to increase the number of college graduates by 50 percent. He wants to shift the focus from high school completion to college completion and, of course, do more to subsidize the latter.

    Biden was the lead speaker at "The First Annual Building a Grad Nation Summit" held in Washington in March, to be followed by a similar summit held by each governor. The plan sets forth vague goals such as developing an action plan, using data to drive decision making, accelerating learning, and relabeling "remedial" courses in college as "developmental."

    Of course, Biden's plan calls for extravagant taxpayer handouts such as the First in the World initiative to support "innovative practices," and College Completion Incentive Grants to reward states for undertaking "reforms." That's on top of money already committed by the Obama Administration, such as $40 billion more in Pell grants, a 90 percent increase in tax incentives through the American Opportunity Tax credit, making it easier for students to get grants and loans, and forgiving the college debt of students who promise ten years of public service.

    Why should taxpayers be forced to continue unaffordable deficit spending to send more kids to college when the evidence shows that our economy is not offering enough jobs for college graduates now?

    The biggest issue today is the need to rebuild an economy that offers the three-fourths of Americans without a college degree jobs which pay enough to buy a home and support a wife raising their own children. Somehow we lost that kind of a society through a combination of feminism, unilateral divorce, illegal and legal immigration, and the steady drumbeat of free-trade elitists telling us that globalism makes it our duty to compete with foreigners willing to work for as little as 30 cents an hour with no benefits.

    The party that has the best solution to the jobs issue will win in 2012. More years of taxpayer-funded schooling are not the answer.

    I don't agree with all of her protectionism and cultural paleoconservatism at the end although it has merit from a pragmatic and results-oriented perspective. It's also disappointing that she doesn't cite her references in the beginning.

    However, this is still a considerable matter. Education does not necessarily develop the economy in general. Rather it directs the economy in the preference of special interests.
    Last edited by Daktoria; 4th April 2011 at 04:28 AM.

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    Cutting education funding will cost jobs.

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    Council Member Djinn's Avatar
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    Do some homework, and look at the current unemployment rates for U.S. citizens as a factor of level of education attained. The pattern is unmistakeable.

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    King Obama is a traitor! michaelr's Avatar
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    Quote Originally Posted by Djinn View Post
    Do some homework, and look at the current unemployment rates for U.S. citizens as a factor of level of education attained. The pattern is unmistakeable.
    But there is no job infrastructure. What good in an engineer when the products can't be built here?

    I think I can predict your answer, 'the engineer will make good money and work'. The truth of that is, trillions for a few engineers ain't worth it.

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    Council Member Djinn's Avatar
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    Quote Originally Posted by michaelr View Post
    But there is no job infrastructure. What good in an engineer when the products can't be built here? I think I can predict your answer, 'the engineer will make good money and work'. The truth of that is, trillions for a few engineers ain't worth it.
    Wrong answer. "Education" does not mean "engineering." It's very possible to have college degrees in useless fields.

    Furthermore "engineering" is a very general term. Though my degrees are not in engineering fields, I attended an engineering school, and there are many facets to the field, and not all of them are seeing equal troubles in the job market.

    But overall, those with degrees are much MUCH more likely to be employed than those without degrees. In fact, the unemployment rate for those with Master's degrees is around 2% - 3%. And if you factor out those with Masters in hopeless fields (medieval literature, many of the arts, etc), the percentage is even lower.

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    King Obama is a traitor! michaelr's Avatar
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    Quote Originally Posted by Djinn View Post
    Wrong answer. "Education" does not mean "engineering." It's very possible to have college degrees in useless fields.

    Furthermore "engineering" is a very general term. Though my degrees are not in engineering fields, I attended an engineering school, and there are many facets to the field, and not all of them are seeing equal troubles in the job market.

    But overall, those with degrees are much MUCH more likely to be employed than those without degrees. In fact, the unemployment rate for those with Master's degrees is around 2% - 3%. And if you factor out those with Masters in hopeless fields (medieval literature, many of the arts, etc), the percentage is even lower.
    The cost to the public for the meager returns ain't worth it. Recreate a jobs infrastructure and I change my mind yesterday.

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    If everyone had a master's degree, the impact of having a master's degree on unemployment would change.

    So, barring getting a master's degree for everyone in the country, which is neither desirable nor profitable nor possible, perhaps we could address the fact that "education" in this country, for the better part of 12 years, means "day care".

    The younger you are, the less of an issue it is. Everybody starts out having trouble reading, and not a lot of first graders can do much arithmetic. But the ones who get reinforced at home start to leave behind the ones who don't rapidly; by the time you get to third grade, the class is clearly divided into haves and have-nots, scholastically speaking.

    Our institutions currently have no mechanism for dealing with that. Sure, if you're disabled, you can end up in a separate class, which is really just a different day care where you can be with other people who are similarly disabled. But honors classes don't really appear in most systems until perhaps 7th grade, and by then, you'll have spent 3-4 years languishing in a classroom with kids who don't know and don't care.

    We need a school system that is more practical. We need to start specializing kids at 12 or 13 years old, and run different campuses for different approaches. Some kids will need to go to school until they're 21 or 22 to pick up a master's degree and run a business or write an operating system. Some kids will be done with school when they're 17 or 18 and ready to start as an apprentice to a plumber or a mechanic or whatever. And some kids will drop out and become losers. And others will drop out and build an Apple computer in their garage, and become billionaires.

    We need to drop a fucking bomb on our entire educational system and start from scratch.

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    Veteran Member BombJack Arcade Champion, Bubbels Champion Daktoria's Avatar
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    Quote Originally Posted by Djinn View Post
    Do some homework, and look at the current unemployment rates for U.S. citizens as a factor of level of education attained. The pattern is unmistakeable.
    I'm not denying that factor.

    What I'm denying is how public education has created a rotten structure of educational sophistication. People who have received subsidized training to become more competitive and skilled in the labor market have been illegitimately trained because the resources dedicated to their training were requisitioned, not offered.

    The value of voluntary education is that it creates genuine relationships that the labor market can be built on top of. Public education creates a cultural house of cards for employment to satisfy because it excuses people from figuring out proper ratios of skilled to unskilled labor as well what the definitions of skilled and unskilled are. It also manipulates the marketplace by externally determining proper capital:labor, labor:consumption, consumption:savings, and savings:investment ratios. Participants themselves must determine those ratios themselves in order for the market to remain valuable.

    Otherwise, it doesn't matter if anybody is employed or not.

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    Quote Originally Posted by Gypsy View Post
    Cutting education funding will cost jobs.
    Good. Taxpayers shouldn't be obligated to ensure that people are employed.

    Once public entitlements for employment training are removed, the market will be able to correct because people will stop relying on political intermediaries to give them meaning for life.

    That's the whole problem with public education - it cannot truly define usefulness. Usefulness is an internal and individual realization.

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    Also, with regards to doing homework, here is an abundance of arguments showing how public education is failing:

    Wasteful Spending in Public Education

    I've searched for the long term unemployment report Schlafly refers to from the Cleveland FRB and I can't find any such thing unfortunately.

    Again, I'm not denying that higher levels of education correlate with higher levels of employment, but the question at hand is whether or not the current education to employment relationship is justified. As described in the article, 60% of college grads from 1992-2008 presently work in jobs that don't require the level of education provided. That's an immense waste of taxpayer resources.

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