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Thread: Suze Orman: 'The American Dream' Is Dead

  1. #131
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    Re: Suze Orman: 'The American Dream' Is Dead

    Quote Originally Posted by Albert Di Salvo View Post
    There are many Americans who are well educated, but for whom there are no opportunities. The jobs that have been lost are not coming back. The American economy was once ruthlessly efficient, and was able to absorb new graduates at a fantastic pace. But the economy is no longer ruthlessly efficient. Instead the economy has been politicized.

    However, the American reservoir of human capital is subsiding because the public school system can't get rid of bad teachers. The public school system has some brilliant and dedicated teachers, but for everyone like that, there are many killing time while collecting a paycheck. The public school system is designed to provide jobs for adults, not to effectively educate children.
    Agree, and that is enough....if the public schools can educate you enough that you can be further trained to do a job that gives you a living wage, this is all that is required......if you want a "better education", go to college, and after that, read books...
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    Re: Suze Orman: 'The American Dream' Is Dead

    Quote Originally Posted by UtahBill View Post
    Agree, and that is enough....if the public schools can educate you enough that you can be further trained to do a job that gives you a living wage, this is all that is required......if you want a "better education", go to college, and after that, read books...
    Where I live large numbers of kids drop out and then gang bang.

    A highly educated work force is needed unless Americans are satisfied selling cheeseburgers and fries to each other. Most of these kids can't effectively compete with foreign kids. The foreign kids are better educated than American kids.

  3. #133
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    Re: Suze Orman: 'The American Dream' Is Dead

    Quote Originally Posted by Albert Di Salvo View Post
    Where I live large numbers of kids drop out and then gang bang.

    A highly educated work force is needed unless Americans are satisfied selling cheeseburgers and fries to each other. Most of these kids can't effectively compete with foreign kids. The foreign kids are better educated than American kids.
    MOST jobs are at best semiskilled and the training for those jobs can be done on the job.
    GOOD jobs, that pay twice min wage and up, require a bit more education and training, but still fall short of the need of a college degree. In highly technical jobs, 2 years of trade school up to college degrees are required.
    The main function a high school should have is to expose the kids to a basic education so that they are trainable. IF they want more than the basics, advanced classes are available at most public schools. Those would be higher level math (past basic algebra), physics, chemistry, etc....
    It is up to the kids to choose their path, and if they want to be poor, we should let them...as long as we don't have to subsidize them in their poverty.
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  4. #134
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    Re: Suze Orman: 'The American Dream' Is Dead

    Ah - that's a good point you brought up (indirectly brought up, anyway)

    One thing that's most certainly changed are the requirements for being able to *do* those basic jobs - as in: being certified and licensed to do construction and so on. I'm sure - along with lower rates in certain areas - came a higher risk of injury due to unregulated (or regulated-less) work environments and poor workmanship from less regulation.

    Other things have also improved and changed which have led to higher costs: the quality of building materials like copper pipes and equipment has increased - thus - cost is up. (and I'm still thinking construction labor since that's what came up the other day).

    I think you'll find this still true, today - and will continue to be true for quite some time.
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  5. #135
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    Re: Suze Orman: 'The American Dream' Is Dead

    Quote Originally Posted by Albert Di Salvo View Post
    Where I live large numbers of kids drop out and then gang bang.

    A highly educated work force is needed unless Americans are satisfied selling cheeseburgers and fries to each other. Most of these kids can't effectively compete with foreign kids. The foreign kids are better educated than American kids.
    As the husband of an educator don't be misled by stats that show foreign kids are better educated. It's not always what it appears to be. Case in point: In parts of Europe the college bound are separated early (grade school) from those that will be learning a trade. These are the higher academic level kids and of course they score well on college entry exams. Then you have American kids where most of them take the SAT or ACT even if they are not that academic and some aren't even sure if they want to go to college. Who do you think scores higher on the tests? And of course the media in their all mighty negativity says American kids score lower hence they are dong worse!

  6. #136
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    Re: Suze Orman: 'The American Dream' Is Dead

    That is a good point Enigma and it is true of many foreign nations. They track their students into different levels and all do not take the same standardized tests. Having said that however, Japan is a nation that both does tracking but still tests everyone. They do an amazing job of giving a very high caliber education to a very wide sector of Japanese society. Having gone there and having studied this system I am convinced that the key reason for this success is a nearly obsessive dedication in the family with the education of their children. It is a national obsession and a good one. I also think that the centralized system with the coordinated curriculum and standardized tests which dovetail perfectly into what a student actually is learning is a factor as well.

    As a nation, we fall short in both categories.

    Our colleges tend to be much better though. So perhaps there is some salvation.
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  7. #137
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    Re: Suze Orman: 'The American Dream' Is Dead

    The Japanese are obsessed with over-education and wrap it up heavily in family-outlook and overall societal standing.
    Education Japan | Japan Guide | Japanese School System
    A screaming comes across the sky.
    It has happened before, but there is nothing to compare it to now.
    Pynchon - Gravity's Rainbow

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