Commentary by Roger Erickson
Why stop investing in kids - or any citizens - only AFTER birth?
Why, we could stop investing in the entire future ... and save a bundle! (Of fiat, anyway. You can save fiat, can't you?*)
Why, for an example of the potential, just look at Detroit!
Sequestration: slashing Head Start funding
Hoarding and "saving" fiat - what a concept! We should make a movie. "Saving Private Fiat." Wouldn't even have to pay the actors much, or need much of a budget. Just sit on the sidewalk, lean against a lamppost, and let a cheap helmet-cam stream the adventures of a sleeping drunk. Previews have already been a blockbuster attraction with upper class viewers - who seem to have a morbid desire to see nothing in action.
* What do you get when you save up fiat, aka, public initiative instead of using it? Epidemic obesity? And zero adaptive rate? And national demise? Good thing we're spending so much on National Security ... right? Gotta secure that hoarded adipose!! We may need it to fill up the sinkhole forming between our policy ears.
Showing posts with label saving fiat. Show all posts
Showing posts with label saving fiat. Show all posts
Tuesday, August 20, 2013
Thursday, April 18, 2013
Lunacy of Saving Fiat While Losing Talented Youth
Commentary by Roger Erickson
Does this kind of feedback get back to the IMF, ECB, or banksters anywhere?
Portugal: fresh public spending cuts worth 1.3 billion euro
Consequence:
Portugal's fed-up youth pack and go as their nation slides into reverse
"The big concern is over lack of investment in education leading to more backwardness for future generations," said Dias, who teaches history in Freiria, a village 30 miles from Lisbon.
She says that standards have risen since she began teaching 25 years ago, "but now we're regressing 50 years. All that matters today is teaching the three Rs, not making people think." Some schools, particularly those in rural areas, are asking parents for money or raiding tuck shop takings to buy toilet rolls, Dias said. "And with more cuts this absurd situation could become widespread."
Portugal's PM says he's required to find "further savings."
??
What good is it to save fiat, while losing talented youth?
Does this kind of feedback get back to the IMF, ECB, or banksters anywhere?
Portugal: fresh public spending cuts worth 1.3 billion euro
Consequence:
Portugal's fed-up youth pack and go as their nation slides into reverse
"The big concern is over lack of investment in education leading to more backwardness for future generations," said Dias, who teaches history in Freiria, a village 30 miles from Lisbon.
She says that standards have risen since she began teaching 25 years ago, "but now we're regressing 50 years. All that matters today is teaching the three Rs, not making people think." Some schools, particularly those in rural areas, are asking parents for money or raiding tuck shop takings to buy toilet rolls, Dias said. "And with more cuts this absurd situation could become widespread."
Portugal's PM says he's required to find "further savings."
??
What good is it to save fiat, while losing talented youth?
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