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muck

South Korea sets the example for the future in America?

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always thought college was a waste and only an idiot wood pay for it too, make it on yer own, unless yer a DR. but ojt wood probably work you don't need a bunch of big words ta cut somethun out thats not workin :coffee:

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And here we are trying to "artificially" boost HS and college graduation rates. YOu know how we're boosting 'em... we're passing kids that don't deserve to pass.

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So a population that already inherently values higher education generates a population that educates itself even moreso because the free market compensates those with higher education so well. As a result, you have too many well eductaed people who expect good compensation and not enough jobs for these well educated people.

 

Now industry needs the government to give them tax breaks to get peole to do jobs that pay less and require less education? What ever happended to supply and demand? Here is an idea for the businesses of South Korea - you don't need tax breaks, you need to pay your employees better.

 

There is no logical argumnet in favor of a less educated populace. There is certainly no logical argument in favor of government programs that promote the artifical dumbing down of a population while providing corporate tax breaks. Yuck.

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An interesting piece from the article

 

Many rejected applicants don’t even show up in official jobless numbers. One quarter of all college graduates under the age of 30 are classified as “Neets” -- not in education, employment or training -- and are excluded from unemployment data. Lee Joon Hyup, a research fellow at Hyundai Research Institute in Seoul, estimates the real youth jobless rate -- for those between 15 and 29 -- is as high as 22 percent.

 

 

That tells you how little value there is in comparing unemployment rates of one country with another, without understanding how those rates are calculated.

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