To the People

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or TO THE PEOPLE.

Wednesday, August 30, 2006

The State of the American Worker

Harold Meyerson, a Wa Post editorial writer, bemoans the state of the US worker today, tossing vitriol on corporations and capitalist greed.

But the real problem in the US is that two and four year college completion rates peaked in the post WWII years and have been declining ever since, and the statistical causal relationship between education and income is a classic.
Substantial increases in those segments of America’s young population with the lowest level of education, combined with the coming retirement of the baby boomers—the most highly educated generation in U.S. history—are projected to lead to a drop in the average level of education of the U.S. workforce over the next two decades.
A stat that might shock readers, and Meyerson, is that only 17% of adults in the US have a four-year degree. Jobs are often going overseas because there are no qualified workers in the US, not just because those workers are cheaper.

The Dems are attacking Wal-Mart, but perhaps they should re-evaluate their own policies that inhibit a free market in higher education.