Nancy Pelosi
Spoker of the House Nancy Pelosi let out with another colossal quote while giving a commencement speech at UC Davis last Friday.
http://collegeinsurrection.com/2013/05/pelosi-fails-math-during-uc-davis-address/
"House minority leader Nancy Pelosi (D-Cali.) told graduates at the University of California – Davis law school on Friday that any cuts in spending to education would actually lead to an increase in the federal deficit.
“If you want to cut education or if you want to raise interest rates on student loans, you are not reducing the deficit,” said Pelosi. “You are increasing the deficit.”
She is probably right, if you factor in the millions of people who will be making less money, paying less taxes, and in many cases depending much more on various forms of public assistance. Don't forget the businesses that will flounder because they can't find qualified people to hire, who therefore will be generating less revenue, and paying less taxes. There is a reason aid to education is called an investment.
ReplyDeleteNow if you wanted to make a specific case that all that aid to education should be focused on subjects that offer reasonably objective criteria, and sideline "gender studies" and such, that would be a different argument.
We have that now Siarlys. These idiot kids get degrees in nonsense fields like Women's Studies and Gay Studies. Or they go into the law, a field that is over saturated.
ReplyDeleteVery few get degrees in fields that need workers. Fields like Chemistry, Computer Science, etc... You know the non-glamorous studies.
Graduates have themselves to blame if they have a high debt after college and no jobs available. They chose to study "easy" courses (Like Communications) and there are no jobs out there for them.
Force them to pay off their loans. Nobody twisted their arms to take them out.
Like I said Findalis, that's a different argument. You and I might very well agree about it. We might even be able to sit down and write a revised student loan bill that would, e.g., start with a relatively small loan guarantee, which would be greatly enlarged provided the student was majoring in a field that increased the chances of being able to pay it back.
ReplyDeleteI know, the usual idiots would wail about students' right to study whatever they want. But at some point, we all agree, you from the disillusioned ex-liberal right, I from the proletarian left, "not on MY dime."
(That sound OK to you elwood? As they say in socialist countries, "Those who work will eat.")