{"id":64022,"date":"2017-08-08T05:00:36","date_gmt":"2017-08-08T10:00:36","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=64022"},"modified":"2017-08-06T12:18:49","modified_gmt":"2017-08-06T17:18:49","slug":"social-inflation","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=64022","title":{"rendered":"Social Inflation"},"content":{"rendered":"<p>Joe Doakes from Como Park emails:<\/p>\n<blockquote><p>This article says America is great because <a href=\"https:\/\/www.city-journal.org\/html\/when-high-schools-shaped-americas-destiny-15254.html\">we had high school for everybody<\/a>, which gave us the educated workforce required to succeed during the growth of businesses as banking, retail and manufacturing.<\/p>\n<p>Wait, what?\u00a0 Everybody had to go to high school so they could work as bankers and shop clerks?\u00a0 Those activities have been around for millennia.\u00a0 Christ drove the money-lenders from the temple.\u00a0 His Dad, Joseph, was in manufacturing.\u00a0 His Disciples bought bread and wine for the Last Supper from retail merchants.\u00a0 None of them had a high school degree. What does Algebra II have to do with working in business?<\/p>\n<p>The article points out that eventually, employers required new employees to have high school diplomas.\u00a0 Yes, but was that because typewriters were so complex to operate that only the fully educated could manipulate them?\u00a0 Or was it because there were so many high school graduates available, the employer might as well demand a diploma? \u00a0My son is a Senior Financial Analyst but can\u2019t even apply for a promotion until he completes his MBA \u2013 not because the job duties require secret training only available in the MBA program, but because there are so many credentialed applicants available, the company can get away with demanding one.<\/p>\n<p>Did demand for diplomas drive high schools to supply them, or did an excess of applicants supplied with diplomas drive demand for them?<\/p>\n<p>It\u2019s a critical question when we consider that Bernie and Hillary both demanded free college degrees, using the same tired justification.\u00a0 Has it ever been true?<\/p>\n<p>If a mediocre high school student dropped out of high school at age 14 to apprentice himself to an electrician, how would his economic prospects compare at age 24 to those of a mediocre student with a Liberal Arts degree?<\/p>\n<p>Joe Doakes<\/p><\/blockquote>\n<p>At this rate, you&#8217;ll need a PhD in &#8220;retail kinesology&#8221; to run a checkout at Cub Foods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Joe Doakes from Como Park emails: This article says America is great because we had high school for everybody, which gave us the educated workforce required to succeed during the growth of businesses as banking, retail and manufacturing. Wait, what?\u00a0 Everybody had to go to high school so they could work as bankers and shop [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[324,10],"tags":[],"class_list":["post-64022","post","type-post","status-publish","format-standard","hentry","category-big-education","category-education"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/64022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64022"}],"version-history":[{"count":1,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/64022\/revisions"}],"predecessor-version":[{"id":64031,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/64022\/revisions\/64031"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64022"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}