WhipperSnapper
Lifer
The LA Times has published an article that questions whether or not education is really the solution to foreign outsourcing and global labor wage arbitrage. Although the article really isn't that amazing, it's encouraging that this was published in a mainstream newspaper. Perhaps the motivation was to go after Bush since it questions Bush's claim that more education is the solution to our unemployment and underemployment problems in the face of global competition. This is one of the few mainstream newspaper articles I've ever read that came so close to hitting the nail on the head. It's almost profound. Let's hope that it's the beginning of a mountain of similar news articles, op-eds, and reports across the country. You can find the article here:
That Good Education Might Not Be Enough
Notable quotes:
Wow! As I've been saying for a long time, politicians like to use claims that we need more education as the opiate of the masses.
Perhaps the reason it was published was not because it deals with the issue of foreign outsourcing, but rather to take a shot at Bush and his education policy. Regardless of the real reason, I'm happy to see it. Let's hope that other newspapers follow suit.
That Good Education Might Not Be Enough
Notable quotes:
"When they don't know what else to do," he remarked, "there's a tendency among politicians to stand up and say 'education.' "
Wow! As I've been saying for a long time, politicians like to use claims that we need more education as the opiate of the masses.
But Bush may face a bigger challenge than defending the dollar amounts his administration directs to higher education. He could soon find himself having to defend what until recently has been almost universally accepted as fact ? that going to college or graduate school is a nearly certain route to higher pay, and a sure protection against the dislocation spawned by global competition.
But, Blinder wrote, the crucial distinction in the future may not be between the more-educated and less-educated, but between "those types of work that are easily deliverable through a wire ? and those that are not."
Some education-heavy jobs such as computer programming are proving easily deliverable by wire and many programming jobs have been shifted overseas, an irony in an era when many had thought that tech-savvy workers would be among the economy's big winners.
Perhaps the reason it was published was not because it deals with the issue of foreign outsourcing, but rather to take a shot at Bush and his education policy. Regardless of the real reason, I'm happy to see it. Let's hope that other newspapers follow suit.