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Politics : PRESIDENT GEORGE W. BUSH
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To: Neocon who wrote (2552)7/30/1999 9:24:00 AM
From: mark silvers  Read Replies (2) of 769670
 
Neo-

I do have some problem with economic progress of the citizenry being marked by tight labor markets. I do agree that tight labor markets will increase the motivation of the work place to train people in applicable job skills, and it will increase competition for labor which will increase income. However, it also frequently is one of the major precursors to inflation which decimates those in a fixed income, and unchecked can wipe out any gains made by increased compensations and even eat away more than that, leaving people worse off. granted i have painted an extreme example.

A colloeg education does several things on many levels. One it may not give people job specific skills, but it frequently does and gives them amny other skills to boot. If htey are in college, we will assume they can read(which is a problem for many) It promotes regualr life coping skills, which leads to a greater overall lifestyle for many and promotes greater work place productivity(IMO). Plus it raises the overall intellectual bar for the country, allowing the culture to raise itself to higher levels(hopefully) and I think that would promote less stress and greater productivity overall.

I fully admit that what I have said is totally speculative....

mark
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