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Education & Healthcare

 
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PostPosted: Sat Jun 13, 2015 7:26 am    Post subject: Education & Healthcare Reply with quote

PeakTrader:

It seems, the rising price of college, and education in general, is now having a big net negative effect on the economy:

“Tuition expenses have ballooned 1,225 percent in the 36-year period [1978-2014], compared with a 634 percent rise in medical costs and a 279 percent increase in the consumer price index.”

“The U.S. spends an average $10,995 [in 2012] in public dollars on each US elementary and secondary student, but other countries spend less to get better reading, math and science test scores.”

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dilbert:

Please list other countries with equivalent size, GDP and diversity of population that does a better job. The World Wonders.

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PeakTrader:

Dilbert, I’m sure, the world wonders how we spend so much for so little.

"…adjust test scores for income and put all the students of the world on a level playing field. It turns out that the US has slightly lower poverty and diversity than other OECD countries on average.

…the U.S. lags among 65 countries (or sub country entities) even after adjusting for poverty.

There is also a problem at the bottom end in the United States. The scores of low-income Americans are exceedingly low.”

http://educationbythenumbers.org/content/top-us-students-fare-poorly-international-pisa-test-scores-shanghai-tops-world-finland-slips_693/

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DeDude:

Most of the countries we compete with understand that you have to invest to educate and develop a child to the full extend of their potential, regardless of how disadvantaged a background it comes from. If you don’t, you basically leave behind not just that kid but the economical and societal benefits that his/her inherent talents could have provided. In the US we have allowed all these voucher/private/charter school scamming operations to divert education dollars into private profit. Furthermore, we allow local tax base funding of primary education to ensure that the talents (and educational performance) of those not living in the gated communities of the upper class suburbs, will not be fully developed. So far the plutocrats have managed to compensate for this competitive disadvantage by attracting (or stealing?) the most talented individuals from other countries (after they had most or all of their eduction in their home countries). But at the university level we are quickly destroying the attractiveness for foreign talent of moving to the US at the same time as those foreign countries are waking up and making their home environment more attractive to stay with. In the long run we are all dead; but we may live long enough to see the “low tax, free market” morons destroy the structures and advantages that made the US the worlds dominant superpower.

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PeakTrader:

DeDude, people aren’t stupid (at least most aren’t). They know a bargain when they see one and when they make an inferior choice, they’ll learn.

Socialism didn’t make the U.S. a superpower, the free market did. Government can improve or worsen the system.

The U.S. government has done a great disservice in many parts of the economy, particularly in education and healthcare, where we get less bang for the buck.

When there’s too much government, we need to scale back or slow down and allow the free market to work. Why put up with enormous waste, just because other parts of the economy are doing well.

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DeDude:

“people aren’t stupid (at least most aren’t). They know a bargain when they see one and when they make an inferior choice, they’ll learn”

That was joke – right ? The wast majority of people have no way of “beating” the professionals and marketing people in subject that the individual decide on a few times in his/her life, and their “opponents” have had as a full time job for decades. They may “learn” from a purchase of discount toilet paper that breaks, but that is a decision where the bad outcome is immediate and obvious. Even then the average person doesn’t often learn from their mistakes, go to any gathering and hear peoples explanations for bad outcomes. Very few people actually understand – and how can they learn if they don’t even have a clue of what happened.

No the free markets did not make US a superpower. Because then all the other “free market” countries in this world should also have become superpowers. Free markets will in most cases end up as vicious predatory societies where a very small “elite” suck everything out of the remaining 99.9% of dirt poor barely surviving subjects. That is what free markets do because that is their nature. The fact that US escaped that outcome has everything to do with the luck of not being destroyed in world war 2 and the fact that such an existential threat event creates a rare tribalistic/nationalistic spirit where the rich and powerful feel connected with and thankful of the lower half rather than just feeling fear, disgust and contempts for those “moochers”.

The US has less government and more private sector free market involvement in its health care and education system than the rest of the industrialized world. The outcome, as anybody could have predicted, has been much less bang for the bucks. We pay more for less because all those private entities (as expected) are focussed on making profits, not on the quality of the outcomes. But don’t let the facts shatter all those “free market = freedom” myth that the corporate media have stuffed into you brain.

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