What a surprise- not! A new study (based upon US Bureau of Census data) has reported that folks who go to college earn $ 1 million more than those who don’t. No, not in one year, silly- over their lifetimes. Which comes to about $ 25K a year. Moreover, this data has been around for at least 40 years- because I knew these facts back when I was teaching.
What do you feel when someone you knew once- and haven’t seen for decades- dies?
I was confronted with these thoughts this past weekend. Dr. John Nash died. No, he didn’t die- he was killed by the errors of a taxi driver- who survived the crash, while John and his wife were killed in the wreck.
I read Warren Buffett’s piece, Better than Raising the Minimum Wage, in Friday’s Wall Street Journal. I expected better from Mr. Buffett, who has generally come across with better taxation and income ideas publicly. This piece is not up to his normal standards- because it is yet another method to have the US citizenry subsidize the actions of moderate and larger sized businesses.
Today is Memorial Day. Most of you don’t recall that it’s to remember our brave citizens who lost their lives to keep us free. Instead, you consider that it’s a day off, the kickoff of Summer swimming and holidays. Only in that case is it appropriate to discuss a new segment of our workplace.
Infrastructure. You know- the facilities, the structures, the systems that our country (and cities and counties) need to survive. Our economy can’t function without an infrastructure- whether it’s roads, tunnels, bridges, electric grids, water systems, sewers, telecommunications- or any combination thereof.