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Old 08-09-2010, 11:09 PM
 
Location: Chicagoland
41,325 posts, read 44,944,793 times
Reputation: 7118

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Quote:
Originally Posted by NewToCA View Post
I think Krugman is basically incorrect here.

For example, public school cost per student, in constant dollars, has substantially increased during the timeframe that Krugman is discussing:

http://www.heritage.org/static/repor...1F36C34E6E.gif
And Krugman wants to throw more money at it. The DC school district allocates approximately $15,000 per pupil, one of the highest in the nation.

Look what a failure it is.
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Old 08-09-2010, 11:14 PM
 
Location: Sacramento
14,044 posts, read 27,219,039 times
Reputation: 7373
Quote:
Originally Posted by sanrene View Post
And Krugman wants to throw more money at it. The DC school district allocates approximately $15,000 per pupil, one of the highest in the nation.

Look what a failure it is.
I think Krugman should also take a look at historical state revenue and expenditures by year, over the past few decades. I think if you take the numbers, and normalize it for inflation and increases in state population, you'll find the actual expenditures pull well ahead of the anticipated expenditures.

I understand what he states from the macro economic perspective, and can even agree with it a bit in theory. The problem is the details disclose that the expenditure side of state economics hasn't been properly reviewed and reevaluated.
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Old 08-09-2010, 11:33 PM
 
Location: Thumb of Michigan
4,494 posts, read 7,481,893 times
Reputation: 2541
Here's a good article/review of a book that touches on the OP's subject - Review: The Spirit Level by Richard Wilkinson and Kate Pickett | Books | The Guardian

and here --- http://www.guardian.co.uk/books/2010...n-kate-pickett
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Old 08-09-2010, 11:36 PM
 
Location: Sierra Vista, AZ
17,531 posts, read 24,698,072 times
Reputation: 9980
The rich have stolen 40% of the economy and left 95% of us to fight over the remaining 60%
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Old 08-09-2010, 11:40 PM
 
1,791 posts, read 1,792,950 times
Reputation: 2210
Quote:
Originally Posted by Mike from back east View Post
Exactly what Krugman's article was about, how millions are hoodwinked and brainwashed to the point of working AGAINST their own interests, as seen by many of the inane posts in this thread. Useful idiots, doing the bidding of the wealthy who are laughing all the way to the offshore bank.

KKKarl Rove referred to the evangelicals as "useful idiots" after being visited by emissaries from the religious right, i.e., the GOP used these gullible rubes for votes while they looted the Treasury on behalf of the very wealthy, big investment banks, big oil, etc.
And that just sums the HELL out of it. One can only be hoodwinked for so long before we begin to get tired and angry of being screwed over. Loopholes that allow already crooked and elitist business owners legal lee-way to under cut percentile wages. Nothing is ever going to get better until we, as humans, get better at being human. I feel a bit sorry for the brainwashed. That's an entirely different monster.
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Old 08-09-2010, 11:43 PM
 
1,791 posts, read 1,792,950 times
Reputation: 2210
Quote:
Originally Posted by Boompa View Post
The rich have stolen 40% of the economy and left 95% of us to fight over the remaining 60%
I say... rich = 60% remaining = 40%. But TJMO.
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Old 08-10-2010, 08:05 AM
 
Location: Fredericktown,Ohio
7,168 posts, read 5,366,055 times
Reputation: 2922
First you say this and we have some common ground about how our leaders of both parties are bought and paid for :
[quote]
Quote:
Originally Posted by odanny View Post
It truly is shocking the level of ignorance of those who rail against the govt., the same people, the obscenely wealthy, that have paid their 535 servants to either gut regulatory agencies or look the other way are the same ones who bankroll the propaganda about the evils of government.
Then in the next paragraph you contradict your self and heap the blame on the right.
Quote:
They count their cash while laughing at those who show up at Tea Party rallies to protest government, making sure they are given free transportation if necessary, and that the rubes will be on FOX News.And THIS, Ladies and Gentleman, is why Americans are the dumbest people in the industrialized world, easily fooled by even juvenile, hackneyed propaganda like the crap found on FOX:
You see the contradiction?
I would have to say that if you have voted for 2 of those paid servants as you rightly called them then your next quote would have to apply to you also :
Quote:
The Dumbing Down rolls on.........
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Old 08-10-2010, 08:27 AM
 
Location: Sinking in the Great Salt Lake
13,138 posts, read 22,815,703 times
Reputation: 14116
Quote:
Originally Posted by NSHL10 View Post

If you want America to get back on track, start rewarding success. Reward those who do the financially responsible thing. Stop rewarding illegal immigration, unwed mothers, ill prepared college students, and unthinking consumers.

Stop elevating stupidity into victimhood.
That would be a good start!
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Old 08-10-2010, 09:52 AM
 
26,214 posts, read 49,044,521 times
Reputation: 31786
We all agree the DC school system is mostly failing, expensively so. The DC example is mostly an issue of dreadful management, has been for a long time. But it DOES NOT mean we throw away the lives of those kids, and it's on the kids behalf that Krugman was writing. There are many school systems turning in excellent results but are struggling financially; do we kill those efforts all over the nation just because the DC system sucks and some aspiring POS politician wants to please the anti-tax types?

The gist of Krugman's piece is that if we use the current fiscal situation to justify cutting the salaries and numbers of teachers or making major reductions in the educational processes in order to satisfy the anti-tax types then we are on the road to destroying our very future.

The crux of Krugman's article, if we satisfy the anti-tax types by letting our physical infrastructure rot (crumbling roads, bridges, transit lines, pipes, sewer systems) and our human infrastructure rot (people, health care, education), then we push our nation into extinction.

Does anyone want that to happen?
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Old 08-10-2010, 10:00 AM
 
Location: the very edge of the continent
89,026 posts, read 44,824,472 times
Reputation: 13713
Quote:
Originally Posted by pghquest View Post
We got into the trouble we're in because americans voted in their own best interest...
Very true.

"A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy." - Elmer T. Peterson paraphrasing Alexis de Tocqueville in the December 9th, 1951 edition of The Daily Oklahoman

Alexis de Tocqueville recognized the problem nearly two centuries ago. We're seeing it play out now.
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