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OfflineFreedomFighter
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Registered: 12/29/06
Posts: 26
Last seen: 17 years, 30 days
Re: Decreasing the income gap is better for the economy and society [Re: cybrbeast]
    #6422584 - 01/03/07 07:45 PM (17 years, 2 months ago)

Not neccessarily. Especially not if government coercion is involved - every time that happens, the economy takes a hit.

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Offlinecybrbeast
Up, then down, then...
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Registered: 01/06/03
Posts: 4,777
Loc: event horizon
Last seen: 7 years, 10 months
Re: Decreasing the income gap is better for the economy and society [Re: FreedomFighter]
    #6423849 - 01/04/07 05:36 AM (17 years, 2 months ago)

Quote:

FreedomFighter said:
Not neccessarily. Especially not if government coercion is involved - every time that happens, the economy takes a hit.



Says who? Republican propagandists?
In Europe there was a study recently which rated the most economically competitive countries. The Scandinavian countries were at the top of the list. They are also the most socialist countries.


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futuretribe.space

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OfflineCatherineV
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Registered: 10/11/10
Posts: 1
Last seen: 13 years, 5 months
Re: Decreasing the income gap is better for the economy and society [Re: Economist]
    #13323816 - 10/12/10 12:03 AM (13 years, 5 months ago)

Quote:

Economist said:
Quote:

unbeliever said:
Where do you get the funds for this education? Either you have well-to-do parents or you go into massive debt. There are scholarships, sure, but there aren't enough for everybody. It's a matter of logistics that people are going to be excluded from higher education by these factors.



Yeah I've really never understood this argument (Seuss I believe this addresses your point too).  Just go down to your local community college anywhere in the US and ask how much a class is.  Usually it's $50-$100.  And you usually need to take around 40 classes to graduate (5 classes a semester x 2 semesters x 4 years).  So the total is something between $2000 and $4000.  Most Americans carry more credit card debt than that, so it's really hard to view this as a "hard" barrier to getting an education.  It's definitely a "soft" barrier, most people don't have a spare $4000 just hanging around, but even at minimum wage, $4000 is a VERY achievable goal.

The OECD measured the massive 90% earnings gap between people with a college degree and those without, NOT between people with a Harvard Degree and those without.  So getting a bachelors from your local community college actually gets you more money than most people think.  It gets you into the wide range of jobs that simply say "Must have college diploma to apply".

Now, many Americans in our culture of "must be the best" DO take on massive debts to attend Ivy League institutions, and this is usually what you hear about in the papers, but the reality is, it's just not that expensive to get a bachelor's degree in the United States.

I do think, however, that the key difference between the US and Europe is that you have to choose to get a degree in the US.  With the European educational system, it's not much of a choice since college is free, there's basically very little reason not to do it.  However, by charging even a minimal fee ($2000-$4000), Americans have to show a level of commitment to their education that likely doesn't exist in Europe.




I totally agree with you Economist. We can opt to study at our local community. I believe education also factors in to making the US economy a lot better.
In Europe, College Education is free. Yes that much is true. European government put funds on education. This only shows how they value education and how they want it to be achievable for everyone. Although, not all Europeans go to colleges or university. As doing so need higher IQ also. For those who feel they no longer want to go further studies, they still find good jobs because gymnasium or any other school before college teach them to be well rounded and very able to join the work force. And even those jobs have good benefits. Teachers are well compensated in Europe. And that also says much what they truly value.
My point is, I guess, we Americans also need to know where to put our money.
America's revenue gap disparity proceeds to expand at breakneck pace. True economical healing will be difficult to achieve under such conditions of disparity, argues Steven Pearlstein in the Washington Post. While the GOP is pretending the income distance isn't a significant issue, Democrats aren't exactly burning up Congress with their path to the cure, Pearlstein writes.

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Offlinerustycobwebs
Green mold cultivator

Registered: 12/17/05
Posts: 799
Last seen: 9 years, 2 days
Re: Decreasing the income gap is better for the economy and society [Re: cybrbeast]
    #13324023 - 10/12/10 01:23 AM (13 years, 5 months ago)

Quote:

cybrbeast said:
Quote:

FreedomFighter said:
Not neccessarily. Especially not if government coercion is involved - every time that happens, the economy takes a hit.



Says who? Republican propagandists?
In Europe there was a study recently which rated the most economically competitive countries. The Scandinavian countries were at the top of the list. They are also the most socialist countries.




Are you sure that wasn't socialist propaganda?

Any time the government is involved they hire a ridiculous amount of people, give them fat benefits, and have panel discussions and meetings all day. It's just an extra layer of bureaucracy between the money and us.

We don't even control the money anyway. Neither do the politicians. We gave away our rights to print money when we signed control of it over to the Federal Reserve bank, which lends it to us for interest.
It says Federal, but they're not a government entity. It's a private bank.

I disagree with telling people what to do with their money. I also believe that if you took all of the money from the rich, and gave it to the poor, that in 20 years it would be right back the way it was.

Most of the time, there's reasons that people are not wealthy. It's our own faults.

Expecting the government to intervene to stop people from preventing themselves from being all they can be, financially?

The only way to really kill the gap is to rob the rich and never let anyone achieve success again. Communism.
In capitalism, success rides on the waves of failure. Like it or not, some people find themselves being janitors.
Mostly, due to fear of failure: not the absence of opportunity.


--------------------
and let it be so Praise Psilocybe

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