249 karma · joined August 8, 2010
Pretty much everything you have written is wrong-you can check out your claim on future healthcare spending with what everyone else thinks.
1 Obesity-apparently not a problem because it didn't exist 30- years ago.
That, I find hard to believe if I remember my first trip to the US in the late 1980s and the free food restaurants in Las Vegas.
2 Healthcare -an obvious disaster, due to lack of access and the lifestyle of a large part of the population. Oh, it will also bankrupt the country without major reforms.
3 The universities-rankings are based on research, which in turn are based on buying in talent.Don't kid yourself that they reflect the quality of undergraduates that are turned out or the population as a whole.
4 As for guns-no need to bother with that one.
Pretty much everyone has enough calories (too many in most cases).
As for schools-of course the rich people send their children to much better schools.
Those who can't send their children to local schools. What happens there depends on how bright they are, how hard they work and how committed their parents are to education.
In the case of some ethnic groups there is a strong aversion to educating their girls properly.
None of this has much to do with poverty, emotional closeness or whatever else you claim.
For example, I once had a mini cab ride where the driver was very poor indeed (a new immigrant from somewhere not so nice).
He was teaching his very young daughter to play blindfold chess.
I have not met him since, but would be surprised if he didn't do a great job in educating his daughter with very little in the way of money or time.
All you need to do to get a good secondary education system is to hire good graduates,train them and support their professional development.
What does not work is hiring idiots, de-skilling the job, filling the day with busy work and other pointless nonsense.
No it is not that at all.Someone with more awareness would understand that his comments would have reflected the concerns of the day-namely the perceived failures of capitalism.
Balance sheet recession. Mistaken policy response-austerity, German unhelpfulness in Eurozone. Globalization-i.e. cheap labour Automation Financial industry acting against interests of wider economy.
Lucy Kellaway writes a humorous column for the FT, the main subject of which is management nonsense.
The twist of this piece is that a new graduate considers her to be one of the dumb management that she has been mocking since the early 1990s (when I started reading her column), if not before.
Germany has not had anything like this level of current account surplus before. It is entirely due to mistakes in macro economics (wrong parity within the Euro and a refusal to boost domestic demand).
Sadly Germans seem unable to understand that their surplus is not a sign of economic success, but the result of misguided policies that keep the rest of Europe in recession.
http://www.tradingeconomics.com/charts/germany-current-accou...
The current surplus is not a feature of German productivity but the result of having an undervalued Euro and depressed domestic demand.
A close substitute is something that someone would buy instead of your product.
His point was that it was the nature of scientific discovery that made it hard to capture any value from it, not a characteristic of scientists.
The reason that they do so is that the licensing rules for taxis protect the incumbents from new entrants.