nsacpi
Expects Yuge Games
What the economic statistics obscure in the averages is that there is not one but two Americas — and a clear line demarcating the division is educational attainment. Americans with four-year college degrees are flourishing economically, while those without are struggling.
Worse still, as we discovered in new research, the America of those without college degrees has been scarred by death and staggeringly shorter life spans.
The divergence of life expectancies on either side of the college divide — one going up, one going down — is both shocking and rare. We have found reference to only one other case in modern history, in the former Communist countries of Eastern Europe after the collapse of the Soviet Union. Like those countries, the United States is failing its less-educated people, an awful condemnation of where the country is today.
What can be done? We could learn from those European countries that have various educational qualifications that fit different kinds of jobs and lack the sharp binary distinction between those with and without college degrees that is so corrosive in the United States.
We are encouraged by the efforts of both public and private employers to remedy this; it is a low-cost policy that could have large benefits. For example, Gov. Josh Shapiro of Pennsylvania signed an executive order removing the B.A. requirement for 92 percent of state jobs; similar policies are in place in Utah, Maryland, Colorado, Georgia, South Carolina, Virginia, New Jersey and Alaska.
Anything that reduces health care costs would help, as would eliminating employer-funded health insurance, replacing it with vouchers paid for by general taxation. Fighting NIMBYism (residents’ “not in my backyard” opposition to local development) and expanding affordable housing in successful cities would increase mobility. Job creation under the Inflation Reduction Act is a move in the right direction. Working people would do better with stronger unions and fewer hostile measures such as right-to-work laws.
The suffering of less-educated America is not something that must happen, nor is it a necessary price to be paid for progress for the rest of us. Indeed, we find it hard to imagine that an educated elite can prosper indefinitely without a better future for everyone else.
https://www.nytimes.com/2023/10/03/...caZ8dyCGUNb9kS9dUwFJZMPlWiZxPQ&smid=url-share
interesting thoughts from Anne Case and Angus Deaton
Worse still, as we discovered in new research, the America of those without college degrees has been scarred by death and staggeringly shorter life spans.
The divergence of life expectancies on either side of the college divide — one going up, one going down — is both shocking and rare. We have found reference to only one other case in modern history, in the former Communist countries of Eastern Europe after the collapse of the Soviet Union. Like those countries, the United States is failing its less-educated people, an awful condemnation of where the country is today.
What can be done? We could learn from those European countries that have various educational qualifications that fit different kinds of jobs and lack the sharp binary distinction between those with and without college degrees that is so corrosive in the United States.
We are encouraged by the efforts of both public and private employers to remedy this; it is a low-cost policy that could have large benefits. For example, Gov. Josh Shapiro of Pennsylvania signed an executive order removing the B.A. requirement for 92 percent of state jobs; similar policies are in place in Utah, Maryland, Colorado, Georgia, South Carolina, Virginia, New Jersey and Alaska.
Anything that reduces health care costs would help, as would eliminating employer-funded health insurance, replacing it with vouchers paid for by general taxation. Fighting NIMBYism (residents’ “not in my backyard” opposition to local development) and expanding affordable housing in successful cities would increase mobility. Job creation under the Inflation Reduction Act is a move in the right direction. Working people would do better with stronger unions and fewer hostile measures such as right-to-work laws.
The suffering of less-educated America is not something that must happen, nor is it a necessary price to be paid for progress for the rest of us. Indeed, we find it hard to imagine that an educated elite can prosper indefinitely without a better future for everyone else.
https://www.nytimes.com/2023/10/03/...caZ8dyCGUNb9kS9dUwFJZMPlWiZxPQ&smid=url-share
interesting thoughts from Anne Case and Angus Deaton