Comments by "L.W. Paradis" (@l.w.paradis2108) on "Due Dissidence"
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@louurich9087 The problem with the trades is having to save like crazy, because you might have to retire 10 to 15 years before everyone else, when the reality for most people is having to work until 70, 72. Liberal Arts at least gives you a foundation so that you can retool later.
As for what most people study, well . . . the most common degree is in Business, and has been for about 35 years, if not longer. Next come the Health Sciences, with Nursing on top. What did you think people were studying? College is trade school for most people.
As for a Bachelor's in Business, unless a person gets a CPA or takes advanced mathematics and finance, that is a useless degree -- apart from signaling docility. An English major with a calculus sequence and a minor in Economics will get into law school or a top MBA program first. Most people in liberal arts are planning to get an advanced degree, of which there are many besides MD, JD, MBA, or PhD: MSW, MFA, MPA, MPH, MLS, DPsy in clinical psychology, school psychology, etc., and a bunch more I can't remember. Still, basically agreeing with you. Of course STEM ebbs and flows, and for exactly the reason you said.
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@jamesgarvey8402 The technical reason Social Security is not a "Ponzi scheme" is that the new dollars coming in are from payroll taxes on salaries that generally keep pace with the overall economy (and when they don't, younger people still in the labor force usually have options), whereas the payouts do not keep pace with real inflation.
Social Security benefits are never raised to account for the full impact of inflation. Hence, the benefits depend on the salary you earned pre-inflation, for the rest of your life, and the only sure way to rectify that is to return to work -- which means you contribute to the system again. That's not a Ponzi scheme.
What Social Security is dependent on is adequate revenues -- just like police, fire, public education, DOD, DHS, and well-maintained bridges and highways.
And what you need to worry about is whether the continued growth of the stock market is dependent on privatizing Social Security and Medicare.
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@marwynthemasterful6369 In all seriousness, the cars are, first of all, surveillance devices, and they have spurred the drive for new sources of lithium that has resulted in destruction of clean water and farmland all over the world.
Feeding the war in Ukraine is no achievement; as many as a million Ukrainians are believed to be _____.
The value of ____ in allowing the paralyzed to walk is still highly speculative, and judging from primate experiments, is probably too dangerous.
X, formerly known as Twitter, is still censored, though it doesn't appear to be as sinister as before. There is not a strongman from _____ to leaders of the CCP that he hasn't cozied up to. (You know how to fill in that blank, right?) The list of who allegedly likes what was particularly funny. For those who follow crowds, good to know.
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The technical reason Social Security is not a Ponzi scheme is that the new dollars coming in are taxes from salaries that generally keep pace with the overall economy (and when they don't, people still in the labor force do have options), whereas the payouts do not keep pace with the overall economy. Social Security benefits are never raised to account for the full impact of inflation. Hence, the benefits depend on the salary you earned pre-inflation, for the rest of your life, and the only sure way to rectify that is to return to work. That's not a Ponzi scheme.
What it is dependent on is adequate revenues -- just like police, fire, public education, DOD, DHS, and well-maintained highways.
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@denverlove Well, when I was in the French system, all admissions testing was achievement-based, and aptitude/IQ testing for admission to any program was against the law. Each diploma gave you a right of access to the next level. Their production of world-class writers, philosophers, Fields medalists, filmmakers, etc., relative to their population is either the highest in the world or close. The Ministry of Education set the standards. It's uncanny how many of our great writers lived there, too. They have that certain something.
I don't know how they're doing now, since "modernizing." In other words, they started copying us. So far, the results in general are meager, but some good stuff is emerging. I think.
I don't know how Oxford/Cambridge run admissions, but I think their tutorial system is the best education in the world. I also think that any system that throws you into practicums that make you apply what you've just learned is better in principle than studying, writing papers, and taking tests. That's why lab sciences should be part of every degree. I think our system for teaching lab sciences is the best -- or was? That was our thing. And it can't happen online or with AI simulations.
Also, do any of us really know what Russia, China, and India are doing? We hear a soundbite now and then.
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@DMAN590 The technical reason Social Security is not a Ponzi scheme is that the new dollars coming in are taxes from salaries that generally keep pace with the overall economy (and when they don't, people still in the labor force do have options), whereas the payouts do not keep pace. Social Security benefits are never raised to account for the full impact of inflation. Hence, the benefits depend on the salary you earned pre-inflation, for the rest of your life, and the only sure way to rectify that is to return to work. That's not a Ponzi scheme.
What it is dependent on is adequate revenues -- just like police, fire, public education, DOD, DHS, and well-maintained highways.
You're welcome. Please clap.
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