http://thf_media.s3.amazonaws.com/2013/pdf/sr133.pdf

Here's the complete report.

Go to page 11 and 12. Is Heritage saying that only college graduates are net contributors to the system? Ouch.

And for those on the right that endorse this report, that's a tough message to America. Go to college or be a "taker".

(05-07-2013 10:27 AM)AtlanticLeague Wrote:  http://thf_media.s3.amazonaws.com/2013/pdf/sr133.pdf

Here's the complete report.

Go to page 11 and 12. Is Heritage saying that only college graduates are net contributors to the system? Ouch.

And for those on the right that endorse this report, that's a tough message to America. Go to college or be a "taker".

I'd say that's largely true. I'm guessing here but I'd say the threshold for being a contributor is a combined household income of around 100k.

Positive rep me or I'll sell you to gypsies.

Heard an interesting take on why College has become so needed and its not just that the jobs have gotten smarter.

Back in the day employers used to go into HS's and administer tests to kids to see what their aptitude matches up for any open positions. Many states, including Minnesota, banned the practice.

So now employers face a crumbling HS system and no ability to test kids in school whats left? A bachelors degree..

Dang, that really is eye opening. Thanks for posting that AtlanticLeague.

Quote:I’m joined in this view by a host of prominent free-marketeers. Jim Pethokoukis at AEI, Doug Holtz-Eakin at American Action Forum, Tim Kane at the Hudson Institute, and others have all denounced the fundamentals of the Heritage report.

The new Heritage report is still depressingly static, leading to a massive underestimation of the economic benefits of immigration and diminishing estimated tax revenue.

http://www.cato.org/blog

(05-07-2013 11:54 AM)jh Wrote:  

Quote:I’m joined in this view by a host of prominent free-marketeers. Jim Pethokoukis at AEI, Doug Holtz-Eakin at American Action Forum, Tim Kane at the Hudson Institute, and others have all denounced the fundamentals of the Heritage report.

The new Heritage report is still depressingly static, leading to a massive underestimation of the economic benefits of immigration and diminishing estimated tax revenue.

http://www.cato.org/blog

Heritage is wrong? Shocked.

(05-07-2013 11:17 AM)Bull_In_Exile Wrote:  Heard an interesting take on why College has become so needed and its not just that the jobs have gotten smarter.

Back in the day employers used to go into HS's and administer tests to kids to see what their aptitude matches up for any open positions. Many states, including Minnesota, banned the practice.

Yes, I think that thesis has merit

http://mjperry.blogspot.com/2011/11/pete...ubble.html

Quote:"In 1964, there were more than 2,000 personnel tests available to employers. But already an Illinois state official had ruled that a standard ability test used by Motorola was illegal because it was unfair to "disadvantaged groups."

A heavy burden of proof was placed on employers, including that of proving that any test that produced a "disparate impact" detrimental to certain minorities was a "business necessity" for various particular jobs.

Small wonder, then, that many employers, fearing endless litigation about multiple uncertainties, threw up their hands and, to avoid legal liability, threw out intelligence and aptitude tests for potential employees. Instead, they began requiring college degrees as indices of applicants' satisfactory intelligence and diligence.

Some similar thoughts on elite schools

http://www.coyoteblog.com/coyote_blog/20...tment.html

Quote:There is some rationality in this approach [to hiring mainly from the Ivies] – it is not all mindless snobbism. Take Princeton. It screens something like 25,000 already exceptional applicants down to just 1500, and then further carefully monitors their performance through intensive contact over a four year period. This is WAY more work and resources than a private firm could ever apply to the hiring process. In effect, by limiting their hiring to just a few top schools, they are outsourcing a lot of their performance evaluation work to those schools.