Re:Nuclear weapons agency breached amid massive cyber onslaught
by echelon on Friday December 18, 2020 @03:41AM
(#25465101)
I agree with you - the world isn't set up to benefit young Americans in this generation as easily as in the 60's and 70's. I'm not sure we'd agree on the causes though.
People are still told to go to expensive college. A cheap community college degree in STEM is worth much more than an expensive liberal arts education. A self-taught programmer has more marketable skills than a liberal arts degree holder. The freely available loans made the institutions money hungry, and they grew to absorb all of the new income.
We really need to fix education.
The post-war / post-energy boom is over, and the easy gains that yielded have faded. Today's economy is harder. The knowledge economy is not as accessible and requires more training. The US can't compete with the cost of manufactured goods as our standard of living and minimum wage are too high. By importing, we're moving that negative externality of hard or menial labor to economies that can handle it - bringing them up to our level, but destroying those opportunities domestically.
Housing is still affordable outside of major cities. I'm not sure what to do about the price of housing in major urban areas though. It's supply and demand, and wages for the average worker haven't increased.
People are still told to go to expensive college. A cheap community college degree in STEM is worth much more than an expensive liberal arts education. A self-taught programmer has more marketable skills than a liberal arts degree holder. The freely available loans made the institutions money hungry, and they grew to absorb all of the new income.
We really need to fix education.
The post-war / post-energy boom is over, and the easy gains that yielded have faded. Today's economy is harder. The knowledge economy is not as accessible and requires more training. The US can't compete with the cost of manufactured goods as our standard of living and minimum wage are too high. By importing, we're moving that negative externality of hard or menial labor to economies that can handle it - bringing them up to our level, but destroying those opportunities domestically.
Housing is still affordable outside of major cities. I'm not sure what to do about the price of housing in major urban areas though. It's supply and demand, and wages for the average worker haven't increased.