Could an education bubble hurt if it ruptured? As “higher” education expenses (many claim these should be delivered as a basic government-subsidized staple, or depending on the view, forgiven country club debt, for all young people) accelerate, what is considered a valuable scholarship? Back-in-my-day, a “full ride” offer was worth about 25-30k in tuition expense at the most expensive schools. Soon after I graduated, 32-37k might have been the price tag at luxury schools charging as much as a Lexus.
What is the first handy lever most who lack physical labor or artisan level skills use to thrust themselves into adulthood? College? Not exactly. It’s the ability to use a cover letter that refers to college completion that can lift those who want to traditionally use their mind to begin bootstrapping success for themselves.
Would more young people on the cusp, or dreaming far ahead, toward adulthood have a better lever if we gave them one that could be pressed against more than a recruiter’s inbox? What if the recruiter is a machine that only scans for certain things the cover letter writer doesn’t know about? What if the economy is in awkward phase and the cover letter writer would rather switch to a lever than can be more generally effective against the many other rocks society offers creative minds and hungry hearts?
If I was young again, looking toward the completion of secondary education, I’d much rather work toward earning a true stake. A stake can purchase any kind of lever. A scholarship is a coupon for purchasing, often with momentum reducing debt, one class of levers.
I want to find ways for young people to earn access to use more types of levers. Well-funded secondary education facilities and inspiring teachers are not levers. Books and computer tutorials are only coaching and cheering too. The communication networks can be lever-like. We can wire these teachers, students, books, and computer tutorials together, hack some new pedagogy while we also get in a bigger hurry to hark hosannas for the many successful mentorship processes that likely need wider distribution.
Better communication we can all agree.
But, what about a real stake, rather than a coupon for some more, higher, education, as a reward for doing well with all those well-funded resources, coaches, cheerleading, and communication tools. A real stake will earn society more capable adults who will solve practically…maybe not every, but most every big or little thing. College will be purchased with these stakes by fewer as many young people will choose other levers for moving their lives productively. At that time Higher Education can return to being something superlative to secondary education. As long as we continue to play the scholarship coupon tradition, higher and secondary education risk becoming more and more similar. Students, in this no progress world, will swirl with uncertain motivation toward our society’s structured offerings for prepping mind and gettin’ ahead. They’ll grow wise to the lethargy of the progress, word will spread that they have simply been offered more of much-the-same taking place in maybe-nicer-buildings. They’ll revolt. They’ll grab stakes and tear up these silly coupons.
Although my original tax plan (see behind the “tax” button in the header of this website) remains an ideal for long term consideration, the terms below are close to the current goals of each side meeting for a federal budget Grand Bargain before Thanksgiving.
1.) temporarily raise tax on incremental income dollars over 1 million to 40%
This concession should be directly linked to entitlement reform. It expires December 31, 2013 if ten dollars for each incremental dollar raised from tax year 2013 through this 40% temporary rate is not stripped from current 2013 entitlement spending budget estimates by the Congressional Winter Holiday recess. If the budget is in place the rate can carry through December 31, 2014 if the same goal is accomplished next year.
Each dollar of new revenue generated from these two changes that raise revenue from the investor class must be met with cuts equal to five additional dollars in any federal government spending for the following year. If not, Capital Gains rate for the following year falls to 0% to potentially stimulate interest in private investment in growing the economic base to increase revenue for groups. If the government catches up with the spending cuts of the goal, the Capital Gains rate can rise back to 20% in the following tax year.
4.) maximum personal income deduction of $20,000. Joint filers $30,000
5.) mortgage interest deduction on one residence only
New revenue generated from these two deduction reduction offers for new revenue from citizens with more sufficient means must be met with two dollars of cuts from five successive fiscal year federal planning budget. If it doesn’t, it expires.
Some of us are lucky to have grown up in scenic places with river, woods, and clear sky persistently reminding us that our surroundings matter more than we do. We are stewards of our positive influences.
Some have studied weather, lived through storms, or read stories about the web of life called ecology. We are stewards of future opportunity.
Some have had the pleasure to work in state, national, or private parks where the surrounding outside is adored more than the prettiest paintings of most any museum wall. We are stewards of heritage.
Some also experience the earth knowing we are another floating ship traveling onward through the universe. We want to be the best voyage stewards as we sail, work, and play on a vessel we can’t yet disembark.
Some of us don’t think to use words like “environmentalist”. Keeping our bunk tidy and our deck scrubbed is a natural, common sense, everyday endeavor.
An interesting article in the Wall Street Journal today asks for an economic measure for all seasons. Most sales numbers vary with outside temperature and cultural habits such as the beginning of school.
Lady’s underwear sales varies quite a bit by holiday season. But, I don’t men’s do.
Except for a the back-to-school and stocking stuffing spikes I doubt Men’s underwear sales number vary much by month of the year. To control for these two months economists could look only at the adult men sizes. Men are giving up on school ahead of everyone else and we often peanuts and beef jerky if we have a holiday gift stocking carrying our name. (Those of us who wait for a birthday or holiday to own anything new are certainly non-influential statistical outliers – including the entire XY population of Wisconsin.)
Economists could simply pay for the sales and shrinkage data of both basic and more flashy men’s underoos from our discount retailers such as Target, TJMaxx, and Walmart to learn a lot about the economy. I traveled the cities, towns, and country roads of USA from 2007 to last winter. I can attest to the desperation a bunch of taped up discount packages of five FruitoftheLooms makes the feel of a neighborhood.
Basic socks and white tees sales decline would be a sure sign things are slowing. These are luxuries to the thriftiest among us.
Can you think of better measures?
Today, I read a summary of the VP debate to determine if there was some significant substance to recall. As a fun debate it was a nice change from what we’ve seen in recent U.S. political history, but post-debate assessments by journalists and a focused review of the transcript help me recall there was more than agile facial expressions anchored by bright teeth, gulps of water, and an auntie trying to get to the bottom of the toilet paper rolling in the neighborhood.
Ryan dropped some foreign policy lingo to convincingly remind us that war has contract law too. Biden suggested that Middle East neighbors had to lead the way to resolution of the long civil war in Syria, but the USA should help with refugee relief.
With civil wars, in particular, there is inadequate pressure to resolve them because there are really no options that preserve, simultaneously, sovereign nation status and sovereign person status.
Essentially, the peaceful and neutral have to flee (giving up their freedom to pursue their previous plan for prosperity) while the war parties, of many tribes, fight for the future sovereign rights of the nation.
Could we begin to craft an understood path toward an expiration date on these intra-state grievances? The path doesn’t have be codified by international law, but a statement of goals could begin to serve as a guide for when neighboring nations should put out the fire.
1.) If a governing body loses governing capacity of its populace for 300 days, the governing body loses legitimacy. Define loss of control specifically. Has half of the state’s population lost the opportunity to perform the daily work of their personal business due to terror and bloodshed? If so, then I believe the neighboring nations have a moral imperative to do more than accept refugees. Define loss of citizen opportunity as we do recessions by tracking something or many things personal and economic.
2.) Between 300 and 330 days schedule a meeting in one of neighboring nations inviting all representatives from warring tribes and each neighboring nation.
3.) If no plan for arbitrating an end to the civil war is successful, a new governance should be installed before day 365 arrives. Use the 35 remaining days to solicit and choose among proposals from any nation for lease development partnerships with the previous state’s refugees and neutral parties.
The parties active in the civil war who failed at arbitration and could not submit to any of these future proposals would be sentenced to unpaid internships or the international MBA programme of their choice.
We define economic recessions and depressions. We should better define civil unrest. If we do, more confident cooperation and policy can build some math to solve the problem.
Sure, the USA is exceptional. We’re all unique snowflakes – individuals and countries all have special personalities worthy of exceptional certificates of participation on this blue and green orb.
But specifically because we have taken a stronger leadership role in various capacities in recent decades, we must go forward with very dressed down talk. The GOP habit of placing a call for humility adjacent to ridiculous overt pride in proclamations such as “greatest nation on the face of the earth” doesn’t translate well in any language.
Today and in the decades to come, we are very happy that many countries now have the capability of leading great progress. Therefore, expressions of USA pride need to include this cooperative attitude.
We can remain exceptionally talented as a country and exceptionally willing to share versions of our experiments with success without any obnoxious statements or behavior that implicitly question the exceptional potential of any other country.
It’s ok to strut a unique personality as long as we don’t suggest that strut is a director’s march calling all others to fall in line and join our cadence. It’s that drum corp leadership style in our foreign public relations that is the root of anti-Americanism.
Nations with Islamic majorities, in particular, are highly skeptical of American culture even if they are experimenting with their own expressions of democracy and capitalism. Let them wave their versions of these themes in their own way. The USA should carefully guard against any action that suggests we want their society to look like ours.
We value diversity in our country. We simply have to do a better job of demonstrating that we value diversity in the world, too.
Traditions of ethics have taught us that the fortunate and capable should give back to the less fortunate and incapable. I agree with this duty.
But as someone who has chosen for several years of my life to seek other forms of richness that are not measured by dollars, I am hypersensitive to most arguments I hear for redistributing luck and opportunity. They are superficially focused only on financial poverty.
I can choose to be poor.
I can choose to be unemployed.
Although I can improve the probability I’ll find fortune and improve my capabilities, I have much less control dictating the increments in their growth than I do my ability to convince someone to offer me incremental lots of monies for my labor efforts. There are many very small ways one can start on the road to self-employment if the job market is tough.
I do have empathy for those seeking traditional employment. I have submitted countless unanswered cover letters and been rejected following many job interviews myself.
That is why I’m the best POTUS candidate to remind us that we should really focus attention on those individuals in society who most deserve assistance improving their access to serendipitous fortune and maximizing their capabilities.
Don’t enable people who choose financial poverty for the many complicated reasons that it happens. The best way not to enable the condition of financial poverty is to allow charity that is more nimbly responsive and at arm’s length relationship interactions. Social safety nets operate most efficiently and most equitably at neighborhood scale.