LOOMING ECONOMIC DISASTER

Via Causatpatet

It’s a fundamental principal of economics that if one person knows far more than another about a job and will work for much less, that first person will be awarded the job. Currently, relatively few American high school students are taking such subjects as both physics and calculus. However, according to Bob Compton (producer of the DVD “2 Million Minutes”), there are in China and India about 50 million high school students who are taking four years of each of the following: biology, chemistry and physics, with the senior year integrating all three subjects. Moreover, they take four years each of algebra, geometry, trigonometry and calculus, with the subjects integrated every year!

Other nations are serious about education and we are not. At least one high school in China with 10,000 students begins at 6 A.M. with calisthenics, and students don’t leave until 10 P.M. This is while American youth seem more interested in playing video games.

What is actually happening is a global transformation to a techno-feudal Socialist future, depicted by this photo taken recently in China showing a modern skyscraper occupied by a technical or business elite while two women cut the building’s grass with scissors. On the one hand, a Chinese company, BYD, after making cars only five years beat Detroit with the first mass-produced electric car and at only about half the cost. While at the same time another Chinese factory making baby clothes for an American company maximizes productivity by incentivizing workers to remain at their work stations even when they need to go to the restroom (there were no restrooms on site and the place reeked of urine).

Just as American companies have specialized divisions within them, in China entire towns have specialized.