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Necessary for what? For affluence?  No.  There are plenty of college dropouts, even high school dropouts, who went on to become incredibly rich as entrepreneurs.

But what about folks atop the corporate ladder with their six- and seven-figure annual compensation packages?  What about the investment bankers with five homes and yachts?

More importantly, let’s stop measuring the value of college in terms of dollars.  Let’s think about the totality of life’s joys and rewarding experiences: art, music, reading, understanding of math and science, and so many others.

I don’t mean to say that college is necessary to appreciating art, etc., but I think we can agree that it helps.  I believe that college should be free, paid for by tax dollars as it is in the rest of the developed world, and that all kids should be encouraged to go in this direction.

Is College Necessary?

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Jan 6

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Can’t swear that this is true but hoping so.

We must never forget.

The more visibility and the more frequent reminders we can get on this catastrophe in U.S. history the better.

Jan 6

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California

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It’s almost funny when we hear that California is a socialist state, or a police state (due to our environmental restrictions), or that people are leaving in droves to go to Texas or Florida.  When I come across people who say this, I wonder: have you ever actually been to California?

Do you know that the garden-variety 3 BR, 2 BA house here lists at about $1.2 million, where, if it were moved to, say, the Midwest, it would be worth perhaps $2500,000?  Why do you think that could possibly be?  Maybe the law of supply and demand doesn’t apply to the Marxist part of the nation?

Perhaps it’s because Californians are offered fantastic economic opportunities. We develop and implement ideas that improve the lives of everyone on Earth, and that we profit greatly from our undertakings.

Something for the MAGA crowd to consider.

California

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Who or What Creates Wealth?

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The main way governments create wealth is by educating people so that they can become productive members of society. They also build roads and airports and maintain law and order so that honest businesses can thrive.

Anyone living now who believes that Elon Musk and Jeff Bezos are creating wealth for anyone but themselves is a total fool.

A ton of people bought into the concept expressed here in the mid-20th Century, but no semi-intelligent person today believes that tax breaks for billionaires/trillionaires generates a nickel for the common person.

Who or What Creates Wealth?

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