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Investment, infrastructure, education. Same as China. Same as every other growing country. What the US and most other western countries do are: Let infrastruct
by DarkNova6 6mo ago
Investment, infrastructure, education. Same as China. Same as every other growing country.
What the US and most other western countries do are: Let infrastructure rot, defund education, reroute money to large corporations. This is how you end up with failed state.
- testing22321 6mo agoCan you give examples of western countries other than the US doing that? I’ve never seen it, I travel a lot.
- 1718627440 6mo agoA German here, I think we have done that too with great success.
- DarkNova6 6mo agoI can definitely speak for all German speaking countries (Germany, Austria, but also Switzerland). Absolutely the UK as well. But really, Austerity was a trend that was followed by pretty much all EU countries since 2008 and the trend has not been reversed. And the Chinese have been buying european key industrial companies left and right going back as far as 2010. Instituations haven't been renewed, education hasn't been brought up to reflect the latest reality of life and digitalization of state workflows? Hah, no. But if a fraudulent bank requires saving? Sure, 500 billions or more can be paid upfront. Multiple times if necessary.
- pjc50 6mo agoThis is generally true about how much damage austerity has done, but it's important to note that most of the bank bailout money was loans which have been mostly repaid. (Yes, exceptions for Iceland, Ireland, Cyprus, and a few others)
- deleted 6mo ago[deleted]
- drstewart 6mo agoWow, since you're so well travelled you can also share examples of the US doing it, with the comparison to these other amazing utopian western countries. Start with education spending per capita.
- testing22321 5mo ago> Start with education spending per capita If you think spending per capita is a measure of quality, I’ve got a great health insure scam to sell you!
- senordevnyc 5mo agoSpending per capita is absolutely correlated with education outcomes.
- HarHarVeryFunny 6mo agoI would say that outsourcing and moving manufacturing to other countries is what has killed the US economy - now in a death spiral with interest payments on the debt starting to dominate government spending.
- pitaj 6mo agoThe US has done everything but defund public education lol.
- memish 6mo agoEducation hasn't been defunded. I don't know why so many people keep posting that misinformation when the opposite is true. Inflation-adjusted funding per student rose from $14,969 to $20,322 over the past two decades. K-12 funding rose $1,610 per student in real terms between 2020 and 2023 alone. "Schools in the United States spend an average of $20,387 per pupil, which is the 3rd highest amount per pupil (after adjusting to local currency values) among the 40 other developed nations in the Organisation for Economic Co-operation and Development (OECD)."
- inglor_cz 6mo ago"I don't know why so many people keep posting that misinformation when the opposite is true." Because it suits their prejudice.
- jandrewrogers 6mo agoThe US spends over $1T per year on education, more than almost any other country on a per capita basis by a large margin. What is the rationale for characterizing this as "defunding"?
- BeetleB 6mo ago> defund education, People have already addressed this falsehood. As I hinted at in another comment, more money for education doesn't help if the culture doesn't value it. And largely, US culture does not value a good education.[2] Or more precisely, not possessing what many other countries consider "basic skills" is quite acceptable here. Case in point: I've spent time in a poor country with terrible education. Over there, if you were slow doing arithmetic on paper (multiplication, division, etc), everyone considered you to be an idiot. Because of that, even mediocre students who merely graduated high school and didn't go to college have those skills. Over here, you have Verizon Math.[1] After that crazy episode, I've seen this problem. And it's not just that interchanging dollars and cents is a custom, a lot of people genuinely don't understand the issue. I've been to yard sales where things are advertised as 0.25 cents, and asked them about it. I was expecting a response like "Yeah, yeah, it's sloppy but everyone knows what it means." Instead I got genuine confusion. Verizon Math isn't an isolated quirk. If you come from any of these countries to the US, much of the US population will appear to be idiots to you (rightly or wrongly). In one of my jobs, we had a bunch of Russian and other East European coworkers. They were appalled by all of this and started working on after-school tutoring activities for their kids. Because they came from a culture that viewed a lack of certain skills as "being idiots", they were really concerned that their kids would grow up to become idiots like the rest of the Americans. My point isn't that one should know basic arithmetic. There are plenty of legitimate arguments to say it's OK not to. What my point is that there is no baseline knowledge level in the US where being below it is socially problematic. Because of that, there is no peer pressure to retain the knowledge they learn in school. It's OK not to know how many days are in a year. I used to tutor 3-5th grade students, and after I realized this, I gave up. The kids didn't need help understanding the material. They already did. They just didn't see a need to retain it. If their friends don't value the knowledge, and their parents don't value the knowledge, there's little I can do to help them. [1] https://verizonmath.blogspot.com/ https://verizonmath.blogspot.com/ [2] The good education is there for the few who value it. But the rest of the population doesn't benefit from it.