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Biotech / Medical : 2012 Biotech Charity Contest
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From: Robohogs6/26/2012 9:26:40 AM
7 Recommendations  Read Replies (1) of 513
 
I am done here. Bye bye. My blood pressure actually elevated reading the last few posts. I guess Chris does not read Ferguson or other economists other than Kookman (Krugman). This is last post on topic.

1. GDP did not drop much so only responsible for small part of increase
2. Spending before that around mid 30s - why go higher? Clearly not working. Deep recessins used to have strongest rebounds even after 1929. Clearly CURrent monetary and fiscal policies are not helping.
3. If US continues along current path, we risk losing ability to control reserve currency.
4. Of course education spending is better than bad wars. BUT has it been done better in US? Much of increased spending has gone into higher salaries yet teachers generally come from bottom of classes (unlike Noway), much of spending has gone for support staff ( as my ex-teacher mom asked, for what? - I would venture to meet regs), and teacher ratios much lowe. And yet educational performance is US stinks compared to past and other countries. More money is not automatically better for anything. Before I get attacked again, I used to say teachers are not properly appreciated. Pay has gone too far though especially pensions. Pay for performance, not automatically.
5. Why risk a greater crisis?

Bye bye.

Jon
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