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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (110005)3/28/2010 9:25:33 PM
From: marcher3 Recommendations  Read Replies (1) of 116555
 
U.S. public education is the best in the world, when demographic variables are properly considered. For example, scores of the U.S. Asian subgroup (including many children who use English as a second language and many children who are not fluent in English) compare favorably to scores of monolingual students of Asian countries.

Market fundamentalists continue the "free market" mantra. James Galbraith suggests that in the U.S. "freedom" has been transformed into "freedom to shop" and little else. Anyone who studies economics is well aware that "wants can be generated" and that persuasion tactics are used by private corporations (and politicians) to control choices. The "free market" is controlled by the priviledged.

In contrast to your market-determined wage, Galbraith and Dean Baker encourage adoption of a livable wage.

Unions are nearly powerless. Even Rothstein recently stated that unions do little to protect teachers from firing. Apparently, there is no significant difference in teacher firing when comparing states with teacher unions to those without unions.

It is a statement of fact that financial sector and corporate greed has created bankrupt cities, counties, municipalities and states. Unions are the red herring.

"...if government would stop wasting money on...absurd programs like "No Child Left Behind", dollars would go father..."

I agree with this.
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