Sunday, January 30, 2011

It ain't lack of education

Pundits claim that the recent riots in Tunisa and Egypt are because of the lack of jobs. There probably is some truth in the claim. Young people need to have hope that they can find work, get married and create a life worth living. Few places in the world can even begin to satisfy that hope in the 21st century. That hope is even fading in the US!

Many policy experts, even Obama in his SOTU address, claim that ""Many people have degrees but they do not have the skill set" to compete in the global economy. Everyone cites lack of education as the reason for unemployment. Yet the world's educational system graduates more people every year.

How can all these graduates have the wrong skill sets? Is it the fault of the teachers and students? Lack of funding? Or is it the lack of leadership to define and setup an educational system that meets the needs of the global economy? Or maybe even the global economic leaders that won't define their needs?

My three daughters either have university degrees or are still in university. The two with degrees are working at Walmart and Best Buy at nearly minimum wage. They can't find a living wage position even with bachelor degrees. Why? Are they failures or is the economy a failure? If the economy is a failure, is this a leadership failure?

I believe that the pricks meeting at Davos, our global leadership, want all the power and all the wealth and are willing to impoverish the other 99 percent of the global population to get their way. They are suceeding! Lack of skills and education is just a misdirection to give them cover. Blame the people for their unemployment.

Former IMF chief economist says the US faces the same risks as Egypt as the rich get richer and the young lose hope of any future. He is correct. Our global leadership is creating a violent future, perhaps even a Mad Max world as they pursue their feudal global economy.

It ain't lack of education, it's the lack of leadership OR evil goals of leadership.



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