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Teens in Asia dominate global test; US stagnant

Both groups get paid what they are worth. What do you suggest?

Under socialism, would things be better? :)

Under socialism the card carrying politburo member gets paid what their worth, the others get their knee caps broken.... mysteriously broken.
 
Heres the problem-a large number of students in those universities are not americans-especially in the hard sciences. Americans are getting low-rung degrees in things like education.

The US is the worlds leader in technology and innovation-so if we lose that in exchange for menial low-wage jobs, it harms us economically, educationally, and limits our long term growth.

Bringing in foreign students helps make our universities better. Plus, those people often choose to immigrate here which is a bonus for America.
 
Thats right-parents are great at enrolling in these programs, thereby removing the need to feed their own kids, allowing them to spend that money elsewhere. Just another of the ways that the state is able to step in and separate people from their responsibilities.

I'm pretty sure this program is aimed at feeding the poor.
 
If you think entitlements will make things better please show some evidence.

Who, btw determines what a "living wage" is? Unions? The Democrat party?

Entitlements today support millions of workers doing jobs you wouldn't touch but that are necessary. Wal Mart doesn't pay enough for a family to live on their own with no help. Entitlements keep people alive, and without them you'd end up paying more for your goods that you think you deserve. The reality is this entire country is an entitled generation. None of us deserve any of this lifestyle we have been given. We don't deserve iPads or computers or cars or modern houses. No man can make all of these things for himself. No man has the knowledge to do it all. The entitled are those who think they deserve a certain income because they "work for it" and don't understand all of this is a gift derived from trillions of hours of man labor that you did nothing to deserve.

Who determines what a living wage is? Our elected officials. I don't care if it is democrats or republicans. I want people to decide. Taking no action is clearly not the best option as it garners no results.
 
And round and round we go.

A football player plays a kid's game. A firefighter saves lives.

Firefighter is worth more.

Exactly. A football player generates more money for football. He does not contribute more to saving houses, lives, etc. He produces entertainment, and nothing more. My dog provides me with just as much entertainment.
 
Exactly. A football player generates more money for football. He does not contribute more to saving houses, lives, etc. He produces entertainment, and nothing more. My dog provides me with just as much entertainment.

So pay your dog what you think its worth, and leave everyone else out of it.
 
Man some people are so ignorant of market principles it amazes me.

The market determines what is a job's value.

If there were only 32 people in the world qualified to be a firefighter, then they would make $10 million a year.

If there were thousands of people qualified to be an nfl quarterback, they would make $50 thousand a year.

However, the situation is reversed.

Value is a function of scarcity. Gold has value because there is only so much of it, and people want it.

Firefighters, for all the good they do to society, are not scarce. Many people can do that job and are willing to do that job.

NFL quarterbacks, who play a child's game in your eyes, require specific physical and mental skills to do their job, honed over years of playing the game.

If anyone could do it, these guys wouldn't get paid millions. The reality is, you couldn't do it, so rather than simply acknowledge that they bring in tens of millions of dollars to the organization they work for, more than justifying their huge paychecks, you distort the basic fundamentals of the situation and spread economic ignorance.

It has nothing to do with what society values. After all, we have plenty of firefighters, precisely because they get paid what they deserve.
 
Man some people are so ignorant of market principles it amazes me.

The market determines what is a job's value.

If there were only 32 people in the world qualified to be a firefighter, then they would make $10 million a year.

If there were thousands of people qualified to be an nfl quarterback, they would make $50 thousand a year.

However, the situation is reversed.

Value is a function of scarcity. Gold has value because there is only so much of it, and people want it.

Firefighters, for all the good they do to society, are not scarce. Many people can do that job and are willing to do that job.

NFL quarterbacks, who play a child's game in your eyes, require specific physical and mental skills to do their job, honed over years of playing the game.

If anyone could do it, these guys wouldn't get paid millions. The reality is, you couldn't do it, so rather than simply acknowledge that they bring in tens of millions of dollars to the organization they work for, more than justifying their huge paychecks, you distort the basic fundamentals of the situation and spread economic ignorance.

It has nothing to do with what society values. After all, we have plenty of firefighters, precisely because they get paid what they deserve.


It's possible to understand market principles yet dislike them.
 
Bringing in foreign students helps make our universities better. Plus, those people often choose to immigrate here which is a bonus for America.

You misunderstand me. Of course foreign students are a good thing-thats not the issue-its that Americans aren't getting degrees in the fields likely to pay the biggest benefits in the future. They aren't getting engineering degrees-they are getting anthropology degrees. :)
 
You misunderstand me. Of course foreign students are a good thing-thats not the issue-its that Americans aren't getting degrees in the fields likely to pay the biggest benefits in the future. They aren't getting engineering degrees-they are getting anthropology degrees. :)

But I thought the market was supposed to take care of that?
 
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