We now seem to understand what is going on in the economy around us. When Nevada was rolling in money, 95% of its population would have said – “Who needs a college education? You can make a hundred thousand dollars a year even if you can’t read. “
The result of this idiotic thinking was that we invested little if anything in education. Then the bottom dropped out of the economy and we found ourselves in a world of reality where those who are uneducated will no longer be a part of our economy when it returns to full strength.
Now that we understand the need for an educated work force we don’t have the money to educate that work force. How do you believe we solve the problem both in the long and short runs?