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I get your point - but when I see what you are saying, the focus is on the demand side and price elasticity. There is definitely an unserved market. Even now,

I get your point - but when I see what you are saying, the focus is on the demand side and price elasticity. There is definitely an unserved market. Even now, there’s many people who want to purchase the service and can’t afford to. However, even if we concede your point in its strongest sense - the revenue is a different beast from the profit margins. Higher labor and compliance costs mean that making things in america is more expensive. The solution is usually to not pay people that much In the end a company is measured by its stock performance. Their incentive is to maximize profit. If the solution is to pay people less, most voters balk.

SlightlyLeftPad 2y ago
Exactly, rather than evolve our economy and support high paying jobs which often require high education, the strategy seems to be revert to past things that made our economy successful and neglect the education system. Why? I think it’s because it guarantees votes and is an easy movement to get behind but it’s not /better/. I don’t think it will actually work either because you have to compete with your aforementioned labor costs which isn’t sustainable.
- intended 2y ago
  Right! I say take it a step further - not everyone is excited by sitting in front of a computer and doing intellectual exercises. People like different things and are suited to doing different things as well. But if there is only one way forward, which is Engineering, Medicine and Law - then you have essentially recreated 1970s India and China. But this is 2025 - not only do we have automation we have GenAI, which threatens to take away tons of low level service work. Education is something that takes years to result in blooms. Decades of nurturing. (Hey - thats a useful analogy. Societies plant and harvest crops of trained professionals.) Can people discuss these difficult topics? Nope. Besides, if you do - people start becoming more “liberal”, “disconnected” from ground reality. Code for people not voting the way leadership would like.

SlightlyLeftPad 2y ago

Exactly, rather than evolve our economy and support high paying jobs which often require high education, the strategy seems to be revert to past things that made our economy successful and neglect the education system. Why? I think it’s because it guarantees votes and is an easy movement to get behind but it’s not /better/. I don’t think it will actually work either because you have to compete with your aforementioned labor costs which isn’t sustainable.

intended 2y ago
Right! I say take it a step further - not everyone is excited by sitting in front of a computer and doing intellectual exercises. People like different things and are suited to doing different things as well. But if there is only one way forward, which is Engineering, Medicine and Law - then you have essentially recreated 1970s India and China. But this is 2025 - not only do we have automation we have GenAI, which threatens to take away tons of low level service work. Education is something that takes years to result in blooms. Decades of nurturing. (Hey - thats a useful analogy. Societies plant and harvest crops of trained professionals.) Can people discuss these difficult topics? Nope. Besides, if you do - people start becoming more “liberal”, “disconnected” from ground reality. Code for people not voting the way leadership would like.