Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
All of us have probably heard the complaint the employers have had about people, especially those out of college, don't have all the skills they want. However, if all of their "reforms" in education, the workplace, STEM training, etc, were to be enacted, what they'd get would be students being trained in the latest technologies, etc, but little else. This would result in many unpleasant things for us regular folks:
1.) Since the training would be only in just enough to do the job, job mobility would be very very limited, thus allowing working conditions to deteriorate significantly.
2.) Especially as they are already using cheap third world labor from India (tech) or illegals (construction, etc) to undercut wages, with college and high school graduates already having all the skills in demand, they could just hire the recent graduates for low wages (due to low levels of experience) while also eventually letting go of the higher skilled, older workers, once their projects were done, so that they wouldn't have to pay them more. After all, companies wouldn't have to train anymore as the education/workforce system would take care of that.
This would, in essence, result in a lot of us being in poverty while only a few controlled the wealth and basically ran things and controlled all the jobs. The only variable left against this I can think of is small business. It would be hard to keep forming those with people only being trained in specific subsets of skills.
(Actually, I think it would come to haunt Big Business too, but they would get hit much later as they could just do buyouts and mergers of the smaller guys.)