Economic Myths
There’s a really good article I’m sharing because it illustrates something that no one ever wants to admit: not everyone gets “the American Dream.” The article is “3 Lies That May Bring Down Our Economy” and the lies are:
- Everyone can afford to and should own their own home.
- Every kid in America needs and is entitled to a four-year college education.
- Classroom education is one size fits all.
My sister and I have this conversation at intervals, that society is not set up to survive if everyone has the same education level. We need executives, technicians, customer service, and a variety of other jobs filled. The truth is that if everyone had a college education, what we’d have is a lot of over-educated people doing low-paying jobs… so she tells me. And I tell her that that’s what we have now, mostly because we had a lot of people getting degrees in areas that had no jobs. And I also tell her that there are industries where there are plenty of jobs and not enough people, so much so that we’re importing qualified people… and the “discussion” goes on for a while.
The one that I’m looking at is the first one, stating that not everyone should own their own home. Does that apply to me? Maybe I’m just a renter at heart.
