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Seeing as that minors can't work that's trivially true. The question is, if we underinvest into the next generation will they be able to invest into themselves
by muricula 7y ago
Seeing as that minors can't work that's trivially true. The question is, if we underinvest into the next generation will they be able to invest into themselves to the same degree in the future?
- zaroth 7y agoYour link claims we spend ~$8,000 per child. There’s a $2,000 per child federal tax credit. That’s 25% of that number just off the bat. Here’s a link which claims we spend $12,000 per child in 2005 just on education. [1] Based on what we spend on education, which apparently is the second highest in the world... I have a hard time concluding we are under-investing. Keep in mind the majority of spending on elderly is social security, which is a mandatory retirement program that every worker paid into. [1] - https://nces.ed.gov/programs/coe/indicator_cmd.asp https://nces.ed.gov/programs/coe/indicator_cmd.asp
- muricula 7y agoNot my link, different poster. I just chimed in because your comment was kind of silly. Even if that's the case, I'm not sure most Americans are getting the education they need. Maybe that takes even more money, maybe that takes more effective investment of that money, maybe it takes something else. The economic outlook of my generation, the millenials, nearly all hard at work already, isn't looking so hot, and I fear that the next generation's chances look more grim.