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>"Let me start by saying that the standard of living has increased for everyone, but yet being poor still sucks."< I'd argue people are going to school to get
by entangld 16y ago
>"Let me start by saying that the standard of living has increased for everyone, but yet being poor still sucks."<
I'd argue people are going to school to get higher wages. Wages have stagnated for the last 20+ years. High cost university educations are offering little or no bargaining power to individuals. Just like buying an overpriced house you can't sell. It's a bubble.
- stretchwithme 16y agoAny time you make it cheap to increase the supply of a thing, the supply of it increases. But that also decreases the price one can get for it Eventually people's awareness catches up with reality. And that's usually when the government tries to lower the cost of increasing the supply even more. But for some reason, people don't seem to fall for it twice. So the search is on for new things to bubble-ize.