American Economics Thread

chgough34

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interesting statistics on student loans: 80% of graduates from public universities have a total loan balance under 30K there are a few very indebted individuals that make the average look very very high


  • More than four in ten students at public four-year universities complete their degree with zero debt.
  • Nearly eight in ten students graduate with less than $30,000 in debt.
  • Among those who do borrow, the average debt at graduation is $27,400 — or $6,850 for each year of a four-year degree at a public university.
  • Recent college graduates earn nearly $20,000 more annually than peers of the same age whose highest degree is a high school diploma
 

emblem21

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The percent of U.S. high school students taking calculus has risen from 7% in 1990 to 16% in 2019; and physics from 23% to 40%; chemistry from 51% to 76%

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So does that translate to a better nation because with the rising amount of homelessness, infrastructure falling apart and billions of dollars being thrown at Ukraine instead of dealing with a increasingly broken border down south that should be on the agenda for the government, I would argue that the statistics that is provided means jack all given that these results do not in any way help the nation other then create more homeless people that cannot pay for the education they receive. In other words, those statistics mean sh!t in the grand scheme of things, this copium is starting to become nonsensical as though you are trying to convince yourself that a minor increase in a cherry picked statistic is going to translate to a better situation in the USA when any person with a brain knows that the system in the USA is broken by the elites in control and they know that they cannot fix the problem because they are the ultimate cause of it

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chgough34

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So does that translate to a better nation because with the rising amount of homelessness, infrastructure falling apart and billions of dollars being thrown at Ukraine instead of dealing with a increasingly broken border down south that should be on the agenda for the government, I would argue that the statistics that is provided means jack all given that these results do not in any way help the nation other then create more homeless people that cannot pay for the education they receive. In other words, those statistics mean sh!t in the grand scheme of things, this copium is starting to become nonsensical as though you are trying to convince yourself that a minor increase in a cherry picked statistic is going to translate to a better situation in the USA when any person with a brain knows that the system in the USA is broken by the elites in control and they know that they cannot fix the problem because they are the ultimate cause of it

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Odd response but okay.

I just choose calc, physics, and chemistry since those are generally the troika of “hard” sciences. Pick any other class - it’s going up as well. No one is going in debt since these are high school students.

I don’t think a lot of people from Latin America that want to work in the United States is a world ending crisis; nor is enhanced educational attainment with most people at odds with the 10th percentile and below doing worse than before (I.e., people experiencing homelessness). I’ve addressed how infrastructure is fine elsewhere, cross-sectional data isn’t really evidence of anything
 

zbb

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WOW, inflation is back again (did it ever leave?) Who would have thought xD? FJB

Costs of housing, food, and medical care continue going up while broader goods prices are actually falling and have been falling for most of the past year.
The figures reflected increases in the price of food, car insurance and medical care, while shelter costs contributed to more than two-thirds of the overall increase. Outpatient hospital services and pet services both posted record monthly advances.

There was, however, some favorable news for American consumers. Prices of used cars dropped on a monthly basis by the most since 1969 after the methodology was updated. Broader goods prices and energy also continued to fall, underscoring policymakers’ concerns that the recent disinflation has been concentrated in a few categories.
 

PiSigma

"the engineer"
Odd response but okay.

I just choose calc, physics, and chemistry since those are generally the troika of “hard” sciences. Pick any other class - it’s going up as well. No one is going in debt since these are high school students.

I don’t think a lot of people from Latin America that want to work in the United States is a world ending crisis; nor is enhanced educational attainment with most people at odds with the 10th percentile and below doing worse than before (I.e., people experiencing homelessness). I’ve addressed how infrastructure is fine elsewhere, cross-sectional data isn’t really evidence of anything
High school physics, chemistry and calculus are a joke. I literally slept through all of them in HS and aced them. Just because the average American high schooler is dumb as nails and fails an easy curriculum doesn't make it any better for the US.
 

SlothmanAllen

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I don’t think a lot of people from Latin America that want to work in the United States is a world ending crisis; nor is enhanced educational attainment with most people at odds with the 10th percentile and below doing worse than before (I.e., people experiencing homelessness). I’ve addressed how infrastructure is fine elsewhere, cross-sectional data isn’t really evidence of anything

Yeah, I am very skeptical around Republican claims of a border crisis. I think it is mostly a political tool used to drum up fear and thus political support during elections. Otherwise why pass on the border legislation that was negotiated in the Senate recently?
 
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