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Samuel

"It's not language a Democratic president ought to be using." I think it's language a 'pragmatic' president uses. We see the same thing happening in CA. No money for community colleges and an insane raise in fees at most public universities to cite just two example of the government being responsible by tightening its belt.

I don't understand the short shrift given to education, or it makes much sense if you do not want upward mobility anymore, especially given the role community colleges play here.

Rana

I've been reading about the Farmers' Alliance and Populism in the 1890s this week (preparing a lecture) and after reading about how hopeful their members were about education, and about how much they wanted the federal and state governments to step up and ensure its availability, stuff like this just pisses me off. People joke sometimes about how we're going back to the Gilded Age, and the scary thing is that they're actually not all that far off. Way to toss out an entire century's worth of work, dudes.

actor212

Lance, this is one of the best essays on economics I've ever read. In a nutshell, you've shown not only how insane markets can be, but how they affect even the people we least expect to be affected by their vagaries.

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