Petey, do you read Greek?

[4est_4est_Gump]

The Biggest Problem with Student Loans
Kevin D. Williamson, NRO

As a purely economic matter, the principle of diminishing returns applies to education. Little Moonbeam almost certainly will be financially better off in life with her B.A. in women’s studies (the fact that one has an undergraduate degree matters more than what subject the degree is in), but the M.F.A. in creative writing on top of that probably will not pay comparable dividends, and the inevitable doctorate in social work is likely to prove a zero-return investment. We’re talking purely financial concerns here: Of course an intellectually curious man who makes a fine living as a specialist welder would be intellectually enriched by learning Homeric Greek, but he probably isn’t going to be financially enriched by it, because no prospective client is going to inquire as to whether he has read The Iliad in the original.

...

We have been having a very strange debate about income inequality in the United States for the past several years, one focused almost exclusively on the status of the hated “1 percent” or super-rich segments within it. From an economic point of view, this is deeply stupid: If Lloyd Blankfein takes a $100,000-a-year pay cut next year, that isn’t going to translate into two $50,000-a-year jobs for dropouts from P.S. 154 in the Bronx. But from a political point of view, concentrating on the 1 percent makes a great deal of sense to progressives: It is not, after all, conservative-dominated institutions run by Republican-affiliated unions that have failed the poor, the black, and the brown in practically every city in the United States.

The Left’s answer to the challenge of targeting our expenditures toward those Americans who most need them is to subsidize another round of loans, which will pass through Little Moonbeam on their way to her $150,000-a-year women’s-studies professor and the university’s $800,000-a-year president. That’ll show those rich people!

The M.F.A.s can take care of themselves. So can those six-figure administrators and millionaire teachers’-union bosses. Meanwhile, the people who actually need our help get nothing.

 

[Comshaw]

The Biggest Problem with Student Loans
Kevin D. Williamson, NRO
As a purely economic matter, the principle of diminishing returns applies to education. Little Moonbeam almost certainly will be financially better off in life with her B.A. in women’s studies (the fact that one has an undergraduate degree matters more than what subject the degree is in), but the M.F.A. in creative writing on top of that probably will not pay comparable dividends, and the inevitable doctorate in social work is likely to prove a zero-return investment. We’re talking purely financial concerns here: Of course an intellectually curious man who makes a fine living as a specialist welder would be intellectually enriched by learning Homeric Greek, but he probably isn’t going to be financially enriched by it, because no prospective client is going to inquire as to whether he has read The Iliad in the original.

...

We have been having a very strange debate about income inequality in the United States for the past several years, one focused almost exclusively on the status of the hated “1 percent” or super-rich segments within it. From an economic point of view, this is deeply stupid: If Lloyd Blankfein takes a $100,000-a-year pay cut next year, that isn’t going to translate into two $50,000-a-year jobs for dropouts from P.S. 154 in the Bronx. But from a political point of view, concentrating on the 1 percent makes a great deal of sense to progressives: It is not, after all, conservative-dominated institutions run by Republican-affiliated unions that have failed the poor, the black, and the brown in practically every city in the United States.

The Left’s answer to the challenge of targeting our expenditures toward those Americans who most need them is to subsidize another round of loans, which will pass through Little Moonbeam on their way to her $150,000-a-year women’s-studies professor and the university’s $800,000-a-year president. That’ll show those rich people!

The M.F.A.s can take care of themselves. So can those six-figure administrators and millionaire teachers’-union bosses. Meanwhile, the people who actually need our help get nothing.

They can take care of themselves......with lots and lots of help.


GOP's Walker proposes vast union restrictions
http://news.yahoo.com/ap-exclusive-gops-walker-proposes-vast-union-restrictions-040129104--finance.html

GOP tax plans benefit rich despite populist campaign talk

http://finance.yahoo.com/news/gop-tax-plans-benefit-rich-080156820.html




Comshaw

 

[4est_4est_Gump]

I do not understand your point unless it is the ruling-class country-class dichotomy of Dinesh D'souza


:shrug: