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equalizer
Participant[quote=Allan from Fallbrook][quote=UCGal]He drank the kool-ade. He should have known better. I have some emotional sympathy, but no rational sympathy. (Not sure if that makes sense to you all, but it does to me.)
Having read the article – I was struck by how much the wife expected him to somehow magically make it all better. As a wife, I don’t get that attitude… How could she have abdicated her part in the financial mess?
[/quote]
UCGal: Don’t you think this entire country has been seized by “magical” thinking and for a while now? We were all going to get rich on the internet during the dot.bomb era. Then our houses were going to appreciate ad infinitum and provide limitless supplies of money.
Then, when the feces hit the rotary oscillator, Obama and the gubment were going to save us and hit the “reset” button. You know, the one that magically would preserve our standard of living, keep housing values inflated, and keep the money spigot flowing.
Granted, this author certainly should have known better, but, in truth, the average American consumer has been fed so much BS for so long, we’re no longer able to discern any sort of objective reality.
[/quote]
American people have been hard working and very lucky over last 30 years. The news media and Hollywood has always been fueled by feel good stories (Horatio Alger), optimism, work hard and make it to the NFL, etc. Pessimistic stories are downbeat and make for bad copy. “Economists have predicted 5 of the last 3 recessions, Stock market goes up 80% per of time, never bet against the American people, etc”Had a discussion with a someone who retired as engineer a few years ago. I told him I was worried about future of jobs and economy in America. He said don’t worry, the Japanese were supposed going to take over America in 80’s and they failed. “We have spirit and ingenuity to prosper.”
Can you blame anyone for doubting the last century of hope and prosperity would continue?
Any doubters were cast aside as doom and gloom like PS.Participant[quote=Allan from Fallbrook][quote=UCGal]He drank the kool-ade. He should have known better. I have some emotional sympathy, but no rational sympathy. (Not sure if that makes sense to you all, but it does to me.)
Having read the article – I was struck by how much the wife expected him to somehow magically make it all better. As a wife, I don’t get that attitude… How could she have abdicated her part in the financial mess?
[/quote]
UCGal: Don’t you think this entire country has been seized by “magical” thinking and for a while now? We were all going to get rich on the internet during the dot.bomb era. Then our houses were going to appreciate ad infinitum and provide limitless supplies of money.
Then, when the feces hit the rotary oscillator, Obama and the gubment were going to save us and hit the “reset” button. You know, the one that magically would preserve our standard of living, keep housing values inflated, and keep the money spigot flowing.
Granted, this author certainly should have known better, but, in truth, the average American consumer has been fed so much BS for so long, we’re no longer able to discern any sort of objective reality.
[/quote]
American people have been hard working and very lucky over last 30 years. The news media and Hollywood has always been fueled by feel good stories (Horatio Alger), optimism, work hard and make it to the NFL, etc. Pessimistic stories are downbeat and make for bad copy. “Economists have predicted 5 of the last 3 recessions, Stock market goes up 80% per of time, never bet against the American people, etc”Had a discussion with a someone who retired as engineer a few years ago. I told him I was worried about future of jobs and economy in America. He said don’t worry, the Japanese were supposed going to take over America in 80’s and they failed. “We have spirit and ingenuity to prosper.”
Can you blame anyone for doubting the last century of hope and prosperity would continue?
Any doubters were cast aside as doom and gloom like PS.Participant[quote=Allan from Fallbrook][quote=UCGal]He drank the kool-ade. He should have known better. I have some emotional sympathy, but no rational sympathy. (Not sure if that makes sense to you all, but it does to me.)
Having read the article – I was struck by how much the wife expected him to somehow magically make it all better. As a wife, I don’t get that attitude… How could she have abdicated her part in the financial mess?
[/quote]
UCGal: Don’t you think this entire country has been seized by “magical” thinking and for a while now? We were all going to get rich on the internet during the dot.bomb era. Then our houses were going to appreciate ad infinitum and provide limitless supplies of money.
Then, when the feces hit the rotary oscillator, Obama and the gubment were going to save us and hit the “reset” button. You know, the one that magically would preserve our standard of living, keep housing values inflated, and keep the money spigot flowing.
Granted, this author certainly should have known better, but, in truth, the average American consumer has been fed so much BS for so long, we’re no longer able to discern any sort of objective reality.
[/quote]
American people have been hard working and very lucky over last 30 years. The news media and Hollywood has always been fueled by feel good stories (Horatio Alger), optimism, work hard and make it to the NFL, etc. Pessimistic stories are downbeat and make for bad copy. “Economists have predicted 5 of the last 3 recessions, Stock market goes up 80% per of time, never bet against the American people, etc”Had a discussion with a someone who retired as engineer a few years ago. I told him I was worried about future of jobs and economy in America. He said don’t worry, the Japanese were supposed going to take over America in 80’s and they failed. “We have spirit and ingenuity to prosper.”
Can you blame anyone for doubting the last century of hope and prosperity would continue?
Any doubters were cast aside as doom and gloom like PS.Participant[quote=Allan from Fallbrook][quote=UCGal]He drank the kool-ade. He should have known better. I have some emotional sympathy, but no rational sympathy. (Not sure if that makes sense to you all, but it does to me.)
Having read the article – I was struck by how much the wife expected him to somehow magically make it all better. As a wife, I don’t get that attitude… How could she have abdicated her part in the financial mess?
[/quote]
UCGal: Don’t you think this entire country has been seized by “magical” thinking and for a while now? We were all going to get rich on the internet during the dot.bomb era. Then our houses were going to appreciate ad infinitum and provide limitless supplies of money.
Then, when the feces hit the rotary oscillator, Obama and the gubment were going to save us and hit the “reset” button. You know, the one that magically would preserve our standard of living, keep housing values inflated, and keep the money spigot flowing.
Granted, this author certainly should have known better, but, in truth, the average American consumer has been fed so much BS for so long, we’re no longer able to discern any sort of objective reality.
[/quote]
American people have been hard working and very lucky over last 30 years. The news media and Hollywood has always been fueled by feel good stories (Horatio Alger), optimism, work hard and make it to the NFL, etc. Pessimistic stories are downbeat and make for bad copy. “Economists have predicted 5 of the last 3 recessions, Stock market goes up 80% per of time, never bet against the American people, etc”Had a discussion with a someone who retired as engineer a few years ago. I told him I was worried about future of jobs and economy in America. He said don’t worry, the Japanese were supposed going to take over America in 80’s and they failed. “We have spirit and ingenuity to prosper.”
Can you blame anyone for doubting the last century of hope and prosperity would continue?
Any doubters were cast aside as doom and gloom like PS.Participant[quote=Allan from Fallbrook][quote=UCGal]He drank the kool-ade. He should have known better. I have some emotional sympathy, but no rational sympathy. (Not sure if that makes sense to you all, but it does to me.)
Having read the article – I was struck by how much the wife expected him to somehow magically make it all better. As a wife, I don’t get that attitude… How could she have abdicated her part in the financial mess?
[/quote]
UCGal: Don’t you think this entire country has been seized by “magical” thinking and for a while now? We were all going to get rich on the internet during the dot.bomb era. Then our houses were going to appreciate ad infinitum and provide limitless supplies of money.
Then, when the feces hit the rotary oscillator, Obama and the gubment were going to save us and hit the “reset” button. You know, the one that magically would preserve our standard of living, keep housing values inflated, and keep the money spigot flowing.
Granted, this author certainly should have known better, but, in truth, the average American consumer has been fed so much BS for so long, we’re no longer able to discern any sort of objective reality.
[/quote]
American people have been hard working and very lucky over last 30 years. The news media and Hollywood has always been fueled by feel good stories (Horatio Alger), optimism, work hard and make it to the NFL, etc. Pessimistic stories are downbeat and make for bad copy. “Economists have predicted 5 of the last 3 recessions, Stock market goes up 80% per of time, never bet against the American people, etc”Had a discussion with a someone who retired as engineer a few years ago. I told him I was worried about future of jobs and economy in America. He said don’t worry, the Japanese were supposed going to take over America in 80’s and they failed. “We have spirit and ingenuity to prosper.”
Can you blame anyone for doubting the last century of hope and prosperity would continue?
Any doubters were cast aside as doom and gloom like PS.ParticipantI don’t understand how people can “pay” for divorce, esp the trauma and financial nightmare for kids, etc. However, There are reports that people are postponing divorce because of the economy.
BTW, I just found this flashback gem from Krugman (at least one economist smarter than Piggs), who predicted the San Diego bubble in Aug 2005, at the height of the bubble. [I told marketwatch.com econ professor same thing in 2005 and was told all markets are local!] Maybe this reporter should had read the Krugman article in his own darn paper!
ParticipantI don’t understand how people can “pay” for divorce, esp the trauma and financial nightmare for kids, etc. However, There are reports that people are postponing divorce because of the economy.
BTW, I just found this flashback gem from Krugman (at least one economist smarter than Piggs), who predicted the San Diego bubble in Aug 2005, at the height of the bubble. [I told marketwatch.com econ professor same thing in 2005 and was told all markets are local!] Maybe this reporter should had read the Krugman article in his own darn paper!
ParticipantI don’t understand how people can “pay” for divorce, esp the trauma and financial nightmare for kids, etc. However, There are reports that people are postponing divorce because of the economy.
BTW, I just found this flashback gem from Krugman (at least one economist smarter than Piggs), who predicted the San Diego bubble in Aug 2005, at the height of the bubble. [I told marketwatch.com econ professor same thing in 2005 and was told all markets are local!] Maybe this reporter should had read the Krugman article in his own darn paper!
ParticipantI don’t understand how people can “pay” for divorce, esp the trauma and financial nightmare for kids, etc. However, There are reports that people are postponing divorce because of the economy.
BTW, I just found this flashback gem from Krugman (at least one economist smarter than Piggs), who predicted the San Diego bubble in Aug 2005, at the height of the bubble. [I told marketwatch.com econ professor same thing in 2005 and was told all markets are local!] Maybe this reporter should had read the Krugman article in his own darn paper!
ParticipantI don’t understand how people can “pay” for divorce, esp the trauma and financial nightmare for kids, etc. However, There are reports that people are postponing divorce because of the economy.
BTW, I just found this flashback gem from Krugman (at least one economist smarter than Piggs), who predicted the San Diego bubble in Aug 2005, at the height of the bubble. [I told marketwatch.com econ professor same thing in 2005 and was told all markets are local!] Maybe this reporter should had read the Krugman article in his own darn paper!
Participant[quote=AN]equalizer, it’s a little hard to compare US schools w/ Finnish schools and say which one did a better job. Especially since Finland has a population of ~5M and US have well over 300M people. San Diego alone has ~3M people. Secondly, what you said about “Parents nurture a love of reading among children…” is the KEY to why they might have a better school system. You can easily look at this one factor and compare Carmel Valley school vs school in El Cajon. The other differences is, Finland have a voucher system for their schools and we do not. People here in the US are stuck w/ the school around where they live, which mean they’re stuck in their social economic environment. If we implement a voucher system, students in El Cajon why want to succeed can easily go to Carmel Valley school w/out any issue. If you have a population who treasure education, they will excel in school. It all starts at home.[/quote]
Yes, it was just to bring a fresh perspective to kids have to start school at 3. Sure, we cant replicate most of it since there is one only language spoken by all students there. The point is that teaching is very valued, so all the schools in Finland are homogenous in a good sense, they are all “Carmel Valley schools”.Participant[quote=AN]equalizer, it’s a little hard to compare US schools w/ Finnish schools and say which one did a better job. Especially since Finland has a population of ~5M and US have well over 300M people. San Diego alone has ~3M people. Secondly, what you said about “Parents nurture a love of reading among children…” is the KEY to why they might have a better school system. You can easily look at this one factor and compare Carmel Valley school vs school in El Cajon. The other differences is, Finland have a voucher system for their schools and we do not. People here in the US are stuck w/ the school around where they live, which mean they’re stuck in their social economic environment. If we implement a voucher system, students in El Cajon why want to succeed can easily go to Carmel Valley school w/out any issue. If you have a population who treasure education, they will excel in school. It all starts at home.[/quote]
Yes, it was just to bring a fresh perspective to kids have to start school at 3. Sure, we cant replicate most of it since there is one only language spoken by all students there. The point is that teaching is very valued, so all the schools in Finland are homogenous in a good sense, they are all “Carmel Valley schools”.Participant[quote=AN]equalizer, it’s a little hard to compare US schools w/ Finnish schools and say which one did a better job. Especially since Finland has a population of ~5M and US have well over 300M people. San Diego alone has ~3M people. Secondly, what you said about “Parents nurture a love of reading among children…” is the KEY to why they might have a better school system. You can easily look at this one factor and compare Carmel Valley school vs school in El Cajon. The other differences is, Finland have a voucher system for their schools and we do not. People here in the US are stuck w/ the school around where they live, which mean they’re stuck in their social economic environment. If we implement a voucher system, students in El Cajon why want to succeed can easily go to Carmel Valley school w/out any issue. If you have a population who treasure education, they will excel in school. It all starts at home.[/quote]
Yes, it was just to bring a fresh perspective to kids have to start school at 3. Sure, we cant replicate most of it since there is one only language spoken by all students there. The point is that teaching is very valued, so all the schools in Finland are homogenous in a good sense, they are all “Carmel Valley schools”.Participant[quote=AN]equalizer, it’s a little hard to compare US schools w/ Finnish schools and say which one did a better job. Especially since Finland has a population of ~5M and US have well over 300M people. San Diego alone has ~3M people. Secondly, what you said about “Parents nurture a love of reading among children…” is the KEY to why they might have a better school system. You can easily look at this one factor and compare Carmel Valley school vs school in El Cajon. The other differences is, Finland have a voucher system for their schools and we do not. People here in the US are stuck w/ the school around where they live, which mean they’re stuck in their social economic environment. If we implement a voucher system, students in El Cajon why want to succeed can easily go to Carmel Valley school w/out any issue. If you have a population who treasure education, they will excel in school. It all starts at home.[/quote]
Yes, it was just to bring a fresh perspective to kids have to start school at 3. Sure, we cant replicate most of it since there is one only language spoken by all students there. The point is that teaching is very valued, so all the schools in Finland are homogenous in a good sense, they are all “Carmel Valley schools”. -
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