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Thomas Friedman (lol) has a chapter in the Wolrd Is Flat about how you can tell if a country is, basically, living or dying if it focuses more on dreams or memories. Old people deciding to destroy education to save a quick buck is basically the definition of that
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Jordan Weissmann
@JHWeissmann
As I’ve been saying, nonzero chance retired boomers are going to launch a property tax revolt that ends up defunding public schools. x.com/mnolangray/sta…
David Watson 🥑
If only Tiny Tim hadn't alienated Old Man Scrooge by taking divisive positions on issues of gender and race
the problem is not funding, the problem is poor education policy. See Mississippi n Louisiana making huge gains with low funding levels.
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This is clearly bogus even within its own worldview 1980s pastel colors etc were an idealization of the 1950s
Isn't this also the Cracker Barrel thing? That those who went there in 1980 think it must stay like that, for them, instead of seeing what the next generation wants in the future. Boomers want to maintain, not create. A flip from when they were young.
Would be a better argument if public education hadn't already destroyed itself, via 30 years of steeply increasing funding and steeply declining results.
We mock Thomas Friedman for his op eds, but the world is flat is demonstrably one of the best books on economics
Jordan reads a cranky old libertarian complain about property taxes, he generalizes this into a current movement to eliminate them, and his followers begin frothing their Boomer hatred over something that has no basis in reality. Just another day on twitter.
What I find funny is how economists can see the need for Social Security, i.e. people fail to invest for retirement, then are surprised the same olds want to unreasonably stay in their oversized house. The mind reels!!!
We should absolutely be taking more money from old people and using it to support children, but property taxes are bad and not the way. Repeat taxation is never justified and it mainly increases barriers to homeownership by comparison to other forms of tax
The ability of the retired and elderly to afford housing is a real problem and is a key component of solving this problem so that people who can no longer afford their homes have a place to live.
I mean its just a numbers game old people decide because they show up to vote more often. That's it. Just get more from your side to vote. It's not a hard solution or problem
Not me. I know that we need educated population. And who is going to be my nurse, doctor, aide when I’m Old? We still need roads, bridges, hospitals, transportation so I’m a yes on property taxes, but should increase on long vacant properties.
They’re just going to speedrun the decline in revenue that’ll occur from a shrinking (especially on the young end) population and be shocked when everything completely crumbles. But I guess if they die before that happens they don’t care
Two points here. 1st, municipalities increase tax assessments, yet schools do not improve from the current dismal state. 2nd, increasing tax on retired people may push them out of their homes. Taxes for many are more than their mortgage payments were.
Been a while since I've heard anyone else mention that book. I wonder what he was thinking when McDonald's got kicked out of Russia.
Old people deciding to destroy education to save a quick buck basically sums up the formation of the department of education and its’ active history
Funding is irrelevant when the children are all brown and black. It is worth investing in schoolchildren and their futures but trying to turn blacks and browns into scholars is like trying to squeeze blood from a stone...it won't work no matter how much money is spent
Education has been destroyed. Boomers are trying to resurrect it for the good of their children and grandchildren. What we now call “education” misinforms and creates mental health problems.