2 ms·

College was once to be reserved for the rich elite. But central bank and government policies starting in the 70's gutted US manufacturing and took away most of

College was once to be reserved for the rich elite. But central bank and government policies starting in the 70's gutted US manufacturing and took away most of the non-information worker jobs - so there was little else for the middle class to go for a career except first to college. Hence today. However, today it's easier than ever to live off the nanny state WITHOUT a career. What should the role of college be today?

matt_mb 5y ago
>However, today it's easier than ever to live off the nanny state WITHOUT a career. In what way?
- noasaservice 5y ago
  Like the way corporations do, I guess? PPP was a boon - 'Here is a loan that converts to freebie money for millions of companies'. Where'd the money go? Buying Lambo's and the like. Or, when can I get a tax abatement for 10 years? COmpanies can because of this mythical 'they create jobs' tripe. Just look up corporate welfare. And if I was permitted to, I would.
- hammock 5y ago
  Welfare payments supplemented wages by about 8% in 1960. That figure has risen to about 36% today, a 3.5x increase. Chart: http://www.mygovcost.org/wp-content/uploads/2011/03/government-welfare-TrimTabs-2011-01-thumb-550x238-44146.png http://www.mygovcost.org/wp-content/uploads/2011/03/governme... Source: http://www.mygovcost.org/2011/03/14/the-u-s-as-welfare-state-government-entitlements-now-35-of-wages/ http://www.mygovcost.org/2011/03/14/the-u-s-as-welfare-state... (the first random example I found on Google)
  - _moof 5y ago
    This chart includes Social Security and Medicare. I don't think it makes sense to include retirees in a data set when making an argument about "welfare."
    - hammock 5y ago
      You don't have to be retired to receive Social Security or Medicare. Anyway, do you have some alternate data to consider?
      - _moof 5y ago
        Yes, I'm aware, but that doesn't actually affect my objection. And no, I don't have any alternate data, and I don't feel it's my responsibility to come up with any. You're the one presenting this data set to make an argument; you do the work.

matt_mb 5y ago

>However, today it's easier than ever to live off the nanny state WITHOUT a career. In what way?

noasaservice 5y ago
Like the way corporations do, I guess? PPP was a boon - 'Here is a loan that converts to freebie money for millions of companies'. Where'd the money go? Buying Lambo's and the like. Or, when can I get a tax abatement for 10 years? COmpanies can because of this mythical 'they create jobs' tripe. Just look up corporate welfare. And if I was permitted to, I would.
hammock 5y ago
Welfare payments supplemented wages by about 8% in 1960. That figure has risen to about 36% today, a 3.5x increase. Chart: http://www.mygovcost.org/wp-content/uploads/2011/03/government-welfare-TrimTabs-2011-01-thumb-550x238-44146.png http://www.mygovcost.org/wp-content/uploads/2011/03/governme... Source: http://www.mygovcost.org/2011/03/14/the-u-s-as-welfare-state-government-entitlements-now-35-of-wages/ http://www.mygovcost.org/2011/03/14/the-u-s-as-welfare-state... (the first random example I found on Google)
- _moof 5y ago
  This chart includes Social Security and Medicare. I don't think it makes sense to include retirees in a data set when making an argument about "welfare."
  - hammock 5y ago
    You don't have to be retired to receive Social Security or Medicare. Anyway, do you have some alternate data to consider?
    - _moof 5y ago
      Yes, I'm aware, but that doesn't actually affect my objection. And no, I don't have any alternate data, and I don't feel it's my responsibility to come up with any. You're the one presenting this data set to make an argument; you do the work.