Amen! That's what I intended with this post, and I'm glad it's stayed that way.krookednose7 said:P.S. lets keep this a friendly argument please
Oh, so you have had an economics class! It was fun arguing! No hard feelings!(i.e. if there is a shortage of workers in any particular field, the pay there will inflate until equilibrium is reached. As the pay in that field goes up, there will be demand for people who've been trained for it, and we won't need gov't artificially moving money & buying votes).
DonSwier said:It's important to me to see if others believe as I do that the gov't should not interfere with the supply & demand for products OR labor (i.e. if there is a shortage of workers in any particular field, the pay there will inflate until equilibrium is reached. As the pay in that field goes up, there will be demand for people who've been trained for it, and we won't need gov't artificially moving money & buying votes).
Problem is that it doesnt work that way. Without government controlls on things we have the stock market bottoming out, we have banks closing with all your money (otherwise insured by the gov), we have gready company owners working children, a 14 hour day, and we have brokers jumping out of buildings. I fully support free/open trade, but it needs to meet in equilibrium with government controlls and regulations.
Good point about the other countrys.G20Turbo said:Although this thread is about taxes being subsidized for college education I see a few posts where some of you complain about taxes in general. You should feel lucky to pay the taxes we pay here, although not the very best, the U.S does not charge a minimum tax (If you don't work, you don't pay taxes) Also the maximum tax rate allowed is about 35% which is in some cases much lower than other governments around the world. Most of Scandinavian countries pay upwards of 50% as well as Israel, France, China, etc. So the next time that you complain about paying Uncle Sam just realize that someone else in another country is paying more of their paycheck to taxes than you are.
Of course I think the tax brackets may be a little screwed up (the super rich should get charged more)
Amen to the guy who said we live in a republic, democracy my ass.
You can't just single out one type of tax they should get rid of.lysander said:BTW- I think that anyone who smokes should pay for any and all health care costs associated with their deteriorating health as they get older. Why should us non-smokers pay THAT tax bill??
lysander said:My point is that the question of using tax money to subsidize education is complex, but like many "social goods" it is generally a wise thing in which to invest tax money. Like SS, like public health, roads, etc. I agree with everything you say. To say that tax money should not be used for college is simplistic and not in the interest of the public good. I use the smoking thing as an example of overly simplistic thinking (although one of my personal opinions). That's like saying that suicide should be allowed, but anyone who does so should be required to clean up after themselves. BTW, be interesting to see actual stats if more people die from smoking related illnesses or in traffic accidents.
As I said above, I think most reputable economists and planners see education as an investment in the future for all of us. It also occurs to me that the funding structure of public college education is not so simple. There may be taxes, but the cost is also covered by endowments, tuition, special interests groups, businesses, industry, etc. I'd bet most state college programs are actually not that dependent on tax dollars.
+1 (Although, i'm writing this from my dorm room - lol)lysander said:USA is actually unusual in that our kids typically to go to college to transition away from home. I know Canadian kids are much more practicle- they go to college because they want some specific course or program, have a goal in mind. I'll have two kids in college next fall, and what college they're picking has much more to do with the cachet than the coursework. US kids tend to go to college for all the wrong reasons.
Basically following the rule set out by the endogenous growth theory...G20Turbo said:Simply put knowledge is power... Its a very famous qoute and its been said many times and for hundreds of years. When Greenspan was the head of the federal reserve he specifically stated that over and over again when discussing about the future of the American public. He states that with knowledge comes wealth. You can define wealth in many ways in that situation. Anyways, Greenspan said that it was important for the American people to continue with education if the economy was to continue growing and to sustain itself. We all know how smart those guys at the fed are, its not like they just got up one day and said "oh I think the american people should be educated" They study models and scenarios and alot of "what if's" in these types of situations. To sum it all up in other words, the reason we need the American public to become educated is because of global competition, among others. Jobs and your career are being outsourced to countries that can do the task a hell of alot cheaper. Pretty soon, jobs are going to get replaced by other nationals or even machines (think ATM, bye bye bank tellers) This is why if the American people want to continue living the good life, we must have the best jobs, the smartest people (Bio-tech, Technology, Finance, Medical, etc)
Off topic, but oh welllysander said:Seems sad when they call the roster for pro football and some kids only get listed for their high schools.
in no way did i put anything like that down, i simply stated that (as you can see) an employer will look at a college education as good, no matter what anybody says. Lots of things in life are challenging, you cant argue against college by saying that it's more important to raise a family. I think the fact that a person with a college degree makes more money would support the fact that they would be better equiped to provide for thier family. I had my first kid at 21 before i was ready for a family and before i had finished college. It was very tough for a few years until i finally got established. We were living in an apartment and didn't own anything. Now we can provide food for four kids, a house, and at least not go hungry. The fact that someone has a career means they most likely went to college (although i know it's not impossible to get a good career without an education, it def helps). your also missing the point of self improvement and improvement as a society. How are you going to tell your kids to go to college if you yourself did not? If you don't think it makes a difference, just do some research on college educated pay levels compared to those who don't have a college education.davew7 said:^^^I think a marriage, raising a family and maintaining a career is more challenging as well as rewarding then college any day.