LJ_Reloaded
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- Apr 3, 2010
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Fat lot of good that Capitalism does if you're too poor to afford it.Actually, that graphic details why we need Capitalism.
Lasik surgery is a great example of Capitalism in Healthcare. When Lasik was first introduced, it cost about 5 grand per eye. Since it was an elective procedure, free market Capitalism brought about competition which in turn lowered prices down & the quality up over the years. Now you can get Lasik surgery for both eyes @ around $1,800+. Now compare that to Cataract surgery. It doesn't matter where you go, the surgery is going to be costly even if you magically doubled the amount of eye surgeons in the US. Since it's covered under medicare/medicaid, the free market can't bring the prices down/quality up.
The reason college tuition is raising faster than inflation is because the U.S. government backs student loans. If they stopped, colleges would be forced to lower tuitions or go under. Peter Schiff explains in detail:
https://www.youtube.com/watch?v=g3hc6LoAlu0
https://www.youtube.com/watch?v=kXpwAOHJsxg
Since when are there even rich people in Socialist nations?The same statistics apply in so-called Socialist states.
The rich get richer; the poor get screwed - but the poor might have health care and a safety net to stop them becoming totally destitute.
Underfunding my ass!!! When I went to college to get a Bachelor of Arts degree for graphic design, my classes were $300 each. My niece is paying five times that for the exact same degree. Her art supplies didn't increase five times. Her Macbook Pro and Adobe software didn't cost five times as much as my PowerMac 7100/66. (I paid close to 4 grand for that computer along with a printer.) I was using Photoshop 2.5. FYI, version 3 got layers. The idea that you think college tuition is through the roof because of underfunding demonstrates that you are a fucking moron.
For those that are slow and refuse to learn Socialism does not work,it fails everytime!
Education cost so much because the teachers are all greedy socialist, which is kinda funny.
Housing cost so much because we gave everyone loans and they couldn't pay the bank.
Taxes that pay for our defense and our nations needs are going to feed people who refuse to work and they breed more people that refuse to work and create more need,crime and stupid people that think socialism is a good idea!
Getting a tax return when you don't pay taxes is so very dumb!
Its the circle of stupid until those that work die and then those that freeload starve to death!
How can you get a tax return if you didn't pay taxes?
How does anyone not pay taxes? (I've been asking this question for years)
Apparently the trick is to be a massive corporation.
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Since when are there even rich people in Socialist nations?
300 per class does not cover the costs. Buildings. Software. Water. Salaries.
Education is not cheap.
Russian Oligarchs who buy the most expensive properties in London; Chinese Party Members who buy expensive real estate in Australia; Greeks who own luxury yachts despite their declared income being less than the crew's wages...
I could go on and on.
Rich people have lawyers and accountants to play the tax systems even in socialist countries.
adding my own ammendment :
Crooks and sharks who misuse any social system.
They are small beer compared to the rich.
Yes, they exist, but a whole street of them fiddling the social system wouldn't pay a single rich man's tax accountant.
They are small beer compared to the rich.
Yes, they exist, but a whole street of them fiddling the social system wouldn't pay a single rich man's tax accountant.
For those that are slow and refuse to learn Socialism does not work,it fails everytime!
Education cost so much because the teachers are all greedy socialist, which is kinda funny.
Housing cost so much because we gave everyone loans and they couldn't pay the bank.
Taxes that pay for our defense and our nations needs are going to feed people who refuse to work and they breed more people that refuse to work and create more need,crime and stupid people that think socialism is a good idea!
Getting a tax return when you don't pay taxes is so very dumb!
Its the circle of stupid until those that work die and then those that freeload starve to death!
Many of the newly hired, it turns out, were doing little teaching. A Wall Street Journal analysis of University of Minnesota salary and employment records from 2001 through last spring shows that the system added more than 1,000 administrators over that period. Their ranks grew 37%, more than twice as fast as the teaching corps and nearly twice as fast as the student body.
Across U.S. higher education, nonclassroom costs have ballooned, administrative payrolls being a prime example. The number of employees hired by colleges and universities to manage or administer people, programs and regulations increased 50% faster than the number of instructors between 2001 and 2011, the U.S. Department of Education says. It's part of the reason that tuition, according to the Bureau of Labor Statistics, has risen even faster than health-care costs.
During the 2001 to 2011 time period, state funding per student fell $3,081 at research universities and $2,067 at nonresearch universities, a decline that was “in near lockstep with tuition increases,” according to the report. The result is a “dramatic shift” in who is paying for the cost of a public education.
As states divest in public higher ed, Hiltonsmith says colleges can either cut expenses or raise tuition to make up for the lost revenue.
“If there isn't a lot of fat to cut, then their only option is to raise tuition or lose quality of education,” he said.
More than half of core educational expenses at public four-year universities are now funded through tuition. In 2011, 57 percent of tuition at research universities -- and 52 percent at nonresearch colleges -- was derived from tuition, according to the report. A decade earlier, those figures were at 34 percent and 36 percent respectively.
Oligarchs came into existence after Russia dumped Communism.Russian Oligarchs who buy the most expensive properties in London; Chinese Party Members who buy expensive real estate in Australia; Greeks who own luxury yachts despite their declared income being less than the crew's wages...
I could go on and on.
Rich people have lawyers and accountants to play the tax systems even in socialist countries.
State funding cuts. THAT is what is fueling college price increases.Education costs have skyrocketed due to administrative costs. Add, like good ole Walker did, a decline in state funding.
I would love for you to show me anywhere that professor's salaries are to blame.
http://www.wsj.com/articles/SB10001424127887323316804578161490716042814
Oligarchs came into existence after Russia dumped Communism.
The same with China. You don't have a socialist system when you have 'free enterprise zones' that produce a giant chunk of your economy.
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