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Note that the article draws on a graph from the blog Calculated Risk. I have followed CR for years, and after reading the pando article, I'm am convinced the p
by jpdoctor 14y ago
Note that the article draws on a graph from the blog Calculated Risk. I have followed CR for years, and after reading the pando article, I'm am convinced the pando author is completely out to lunch.
Just as one example: The author is cherry-picking CR's data. Here is the graph of unemployment vs education level: http://cr4re.com/charts/chart-images/EducationUnemploymentSept2011.jpg http://cr4re.com/charts/chart-images/EducationUnemploymentSe...
And still the author recommends avoiding higher education? Anybody who follows such clownish advice despite the data deserves what they have coming.
BTW: CR is an excellent source of economic information, but it will take you a year or so to truly digest some of what is being put in front of you. (The comment board is of mixed value. It used to be the best on the web.)