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Thread: Teens in Asia dominate global test; US stagnant

  1. #131
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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by trfjr View Post
    .

    Teens in Asia dominate global test; US stagnant

    And we spend more per child on education then any other country. in 2011 we spent $7,743 per child two times as much as the Asian countries do
    U.S. Education Spending & Student Performance vs. The World Infographic | MAT@USC | USC Rossier Online

    so I don't want to hear any solutions that is about wasting more money on a broken system

    First and for most we need to get rid of the teachers unions they are more concerned about stuffing their pockets then educating our children

    second we need to pay teachers based on performance and not on tenure like they do every where else in the private sector

    third we need to implement school choice let the schools compete for students and when there is competition there is improvement
    I do not think that wages of the teachers are an issue or their unions. If you want good education and safeguards for child safety you need well trained and well paid professionals to do that job.

    Second it is not fair or decent to pay teachers based on performance, it is even foolish and idiotic to do it in that manner. Good teachers will leave inner city and under performing schools with a lot of literacy problems and low desire for eduction for jobs that pay a lot more in "good schools".

    Third we need to keep children in their area where they grew up if at all possible, competing for students is not the way forward IMHO.

    And the kids in South Korea may be doing well in academic tests, but almost 10% of children there contemplate killing themselves due to the extreme pressure put on them for academic success. South Korea is the suicide capital of the world.

    Kids in the US have a lot of other things to keep them interested and many grow up to be reasonably well balanced and happy adults instead of over achieving suicidal mental cases like Asian countries seem to suffer from.
    Former military man (and now babysitter of Donald Trump) John Kelly, is a big loud lying empty barrel!

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    Re: Teens in Asia dominate global test; US stagnant

    A quick point about the compensation debate that has arisen in this thread regarding disproportionately higher compensation for let's say athletes or musicians, vs. firefighters and teachers:

    The empirical evidence suggests that if one can scale the ability to sell one's product/service at little additional effort (separate from the supply-demand of individuals in given professions), one can reap far higher compensation. Consider Miley Cyrus who is so often cited in the media today. It takes little additional effort on her part to sell let's say 1,000,000 CDs vs. 10,000 CDs thanks to technology. If she were merely performing before audiences and technology did not exist to distribute performances (over the media or CDs, etc.), then there would be greater limits on her compensation. Instead, courtesy of scalability, she has the ability to approach the limits of supplying her work to all who are willing and able to buy it.

    In contrast, there might be a firefighter who has unusual ability to save people from difficult situations. Yet he/she would be confronted by physical barriers that would preclude the number of situations in which he/she could be involved. Various municipalities might well be willing and able to pay him for his/her services, but there would be no physical way he/she supply his/her services to meet that demand (unlike Ms. Cyrus). Therefore, if his/her compensation directly tied to each rescue, the compensation would still wind up limited. Not surprisingly, firefighter compensation is not royalty based (unlike that for Ms. Cyrus). The compensation structure reflects the reality.

    Needless to say, there are other variables that can also amplify compensation gaps e.g., peer influence. Many teams or recording labels offer compensation based on the going rate of other star professionals and that tends to have an escalator effect on compensation.
    Last edited by donsutherland1; 12-06-13 at 12:23 PM.

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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by US Conservative View Post
    "Anyone" is not the best. The best means what it means. High school and college players dont get paid because they are there (theoretically) for scholastics and not sports-in fact can you tell me of other high school kids or college kids who are paid for their school activities? Its a silly appeal-they are there to learn.

    Generation of money does is not the end all be all (unless you are a machine?)-and being the best does not mean you earn the most (see definition above).

    I feel you-but please know that this is not simply about what people earn. Just know that what people can do (the best) matters the most to those who pay (in any financial system).

    Please. Know that those who do the best (for any reason) are going to get paid the most.
    If you learn anything in your life, please know that those who do the best in life know somebody that got them there. This country is vastly about who you know. As you said, high school players don't get paid because they are there for the scholastics. I am all for that. I was a state placing wrestler in PA, and I didn't get paid a dime through the decade I spent in a room hours a day kicking my own butt.

    But that's all that I am saying, then shouldn't playing football be about the love of the game? Shouldn't being on a pro team just be a joy in itself that players don't have to work a menial job? Isn't it really for the fans?

    Robert Goodell could institute a salary cap today and players would stop getting paid the enormous money they are receiving today. Then you'd see players get all pissy for the first year or so, but afterwards you'd see players playing because they love the game and going to teams they love because of the coaching and teams they loved growing up, not just the money.

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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by hjl1991 View Post
    If you learn anything in your life, please know that those who do the best in life know somebody that got them there. This country is vastly about who you know. As you said, high school players don't get paid because they are there for the scholastics. I am all for that. I was a state placing wrestler in PA, and I didn't get paid a dime through the decade I spent in a room hours a day kicking my own butt.
    From the economic standpoint, you're raising a variant of the issue of information asymmetries. This is one of the limitations that preclude perfect/wholly efficient markets. Who one knows can be a key determinant whether he/she can match his/her skills with the kind of opportunity that would maximize his/her benefits. Such asymmetries can affect opportunities (e.g., to supply services where demand would exist), prices (suppliers or customers that better understand value of a good/service can capture a larger share of profits), efficiency (mismatches that result), etc.

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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by donsutherland1 View Post
    From the economic standpoint, you're raising a variant of the issue of information asymmetries. This is one of the limitations that preclude perfect/wholly efficient markets. Who one knows can be a key determinant whether he/she can match his/her skills with the kind of opportunity that would maximize his/her benefits. Such asymmetries can affect opportunities (e.g., to supply services where demand would exist), prices (suppliers or customers that better understand value of a good/service can capture a larger share of profits), efficiency (mismatches that result), etc.
    But you see then that there is no possible way for a "perfect" market to ever exist. We are trying to create something that can't happen. If I am a boss, and I have a job opening, I'm going to hire the best guy... unless my son's friend needs a job really bad.

    It's human nature.

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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by hjl1991 View Post
    But you see then that there is no possible way for a "perfect" market to ever exist. We are trying to create something that can't happen. If I am a boss, and I have a job opening, I'm going to hire the best guy... unless my son's friend needs a job really bad.

    It's human nature.
    I worked for a well known company where nepotism is encouraged. I was told by my manager that I was being let go because his friend from High School needed a job and he owed him a favor. If your job stood in the way of a supervisors kid that needed a job for the summer, you're gone.
    Give a man a fish and he can eat for a day. Teach a man to fish and he can sit in a boat, drinking beer all day while you fool around with his Woman.

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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by hjl1991 View Post
    But you see then that there is no possible way for a "perfect" market to ever exist. We are trying to create something that can't happen. If I am a boss, and I have a job opening, I'm going to hire the best guy... unless my son's friend needs a job really bad.

    It's human nature.
    Absolutely. The concept of perfect markets is a theoretical one. Some industries might approach the characteristics one might expect to see in such markets based on economic theory, but they fall short e.g., information is not and cannot be perfect in the fullest sense of the term (data itself and access to the data among market participants), participants make decisions that are not wholly objective (your example of human nature/hiring your son's friend).

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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by HenryChinaski View Post
    Again, What we as a society place value on is seriously skewed.
    By your measure, an apple would cost more than diamond.

    What you fail to realize is that an NFL quarterback doesn't get paid. He brings in far more money than he is paid, so he's essentially free.

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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by hjl1991 View Post
    If you learn anything in your life, please know that those who do the best in life know somebody that got them there. This country is vastly about who you know. As you said, high school players don't get paid because they are there for the scholastics. I am all for that. I was a state placing wrestler in PA, and I didn't get paid a dime through the decade I spent in a room hours a day kicking my own butt.

    But that's all that I am saying, then shouldn't playing football be about the love of the game? Shouldn't being on a pro team just be a joy in itself that players don't have to work a menial job? Isn't it really for the fans?

    Robert Goodell could institute a salary cap today and players would stop getting paid the enormous money they are receiving today. Then you'd see players get all pissy for the first year or so, but afterwards you'd see players playing because they love the game and going to teams they love because of the coaching and teams they loved growing up, not just the money.
    Your fatalistic view on success is very clear-the irony is the US is one of the few places on earth where anyone can succeed-its true and the people hopping over border walls and floating over know this. I have found that some liberals are so conditioned to think the US is a bad place (almost a pavlovian response) that they forget how much better this place is.

    On to professional sports-its a business-it exists to entertain and therefor make money for the organisation. The best players are generally more entertaining-and clearly the fans support it because they bear the costs. People like watching the best of the best. Im curious if you extend your logic to all entertainers.

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    Re: Teens in Asia dominate global test; US stagnant

    Quote Originally Posted by HenryChinaski View Post
    I worked for a well known company where nepotism is encouraged. I was told by my manager that I was being let go because his friend from High School needed a job and he owed him a favor. If your job stood in the way of a supervisors kid that needed a job for the summer, you're gone.
    Sounds like he was a crap boss. At some point, most business owners will overlook their personal bias, especially if its hitting them in the pocket book.

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