Saturday, January 4, 2014

 
IS UNIVERSAL UNIVERSITY EDUCATION A CORPORATIST CONSTRUCT TO JUSTIFY CLASS STRUCTURE

Simply put, yes.  I have never been an advocate of everyone going to the university.  It is utter nonsense that we encourage everyone to prepare for the university.  It is a major source of failure at the high school level.

I have a grand nephew who will graduate high school certified in robotics manufacturing.  He will be ready for a $20.00 per hour job once he graduates.  They will provide him help in finding a job.  Every time I go to New York a brother points out a new manufacturing plant on the L.I.E.  With outrageously high taxes and a cost of living, the manufacturers are still coming.  Why?  The school boards and community colleges understand you must have a highly trained workforce - and they do.

My grandnephew may make a career as someone on the line, or he may one day decide he wants to design the robots he is using in the manufacturing process.  If he chooses to go to college he can start part time at Suffolk Community College with a good job behind him to help him pay for it.  When it is all done and over with he can graduate the university as an engineer without student loans or financial aid - or at least minimal student loans.

The idea that a person's worth is tied to their level of education is absurd.  See how healthy your community is without sanitation engineers to drag your garbage to the dumps.  There are many back breaking jobs which do not require a university education which society needs to function.  See how much you food costs without low cost labor to work the fields.

Corporations make profits through low wages.  It is nonsense when people say if you raise the minimum wage the corporations will pass it on to the consumers.  No.  I will only pay so much for what every I am buying.  There comes a point wherein the corporation can no longer raise the cost of their goods.  The end result is, the corporation through lower executive pay and incentives must absorb the cost of higher wages for the guy at the bottom.

The million dollar paid executives love to say - "they earn little because they do not have a college education."  False - this is a corporatist construct to justify the class system.  Fast food joints can hire better employees who do not look at you like you're crazy when you hand then $7.02 for something which costs $6.52.  A side note on that in a minute.

Everyone complains about dirty public bathrooms.  Are you going to clean them for $7.25 an hour?  No.  But at $10.00 an hour in Brownsville I bet we can find people who will take pride in clean bathrooms in order to keep that job.  A clean bathroom is essential to your health.  But so many of you are unwilling to pay for it. 

Here's a shocker - higher wages means more tax revenues which means a lower deficit.  Again, the corporations can only raise the price so much before they must absorb the increase in wages for the workers at the bottom

THE PENNY

I have written how it costs more to make a penny than its worth. In Canada $1.72 becomes $1.70, and $1.73 becomes $1.75.  In the end it balances out.

In Newark airport a worker half-heartily noted to me the reason we cannot get rid of pennies in the U.S. is because the corporations will no longer be able to charge $29.99.  They fear people will not buy the item at $30.00.  They could just go to $29.95 - but then that 4 cents is probably too much for the corporations to give up.  Again - this was a half-hearted conversation - but it may provide some insight into why Congress refuses to stop the production of the useless penny, even though it costs more than its worth.

From Forbs

"President Barack Obama said in a Feb. 14 virtual town-hall sponsored by Google Inc.“The penny is an example of something I need legislation for; and frankly, given all the big issues, we’re not able to get to it.”
Photographer: Stephen Hilger/Bloomberg
 
Recently struck pennies at the U.S. Mint in Philadelphia, Pennsylvania.
American lawmakers seeking a model need not look beyond the Royal Canadian Mint, which stopped distributing pennies to financial institutions on Feb. 4, saving C$11 million ($11 million) annually. The last Canadian cent was minted in May."

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