American RadioWorks |
boots-to-books

From Boots to Books

The longest war in American history is drawing to a close. Now, the men and women who served are coming home, and many hope to use higher education to build new, better lives. They have help from the Post-9/11 GI Bill, a piece of legislation that many advocates say offers more support to returning veterans than any policy since the original GI Bill of 1944. In this documentary, we explore how the first GI Bill revolutionized the lives of millions of young veterans, America’s institutions of higher education, and American society at large. But America’s economic and academic systems have changed, and veterans today are returning to a very different reality than their predecessors.

Recent Posts

  • 09.03.15

    The history of the GI Bill

    A staggering 16 million soldiers returned home from World War II, and millions of them went to school. Because GI Bill benefits were generous enough to pay for any college in the country, veterans flooded all types of institutions, from elite schools like Harvard to large state schools, to vocational schools. By 1947, half of all college students in America were veterans.
  • 09.03.15

    The front lines of the long journey home

    Colleges and universities have become the front lines of one of the great challenges posed by war: how to reintegrate the people who've served.
  • 09.03.15

    The GI Bill: One of the last great economic ladders?

    The Post-9/11 GI Bill was supposed to change where veterans could go to college by giving them more money, and, therefore, more options. But since the new bill went into effect in 2009, the percentage of veterans enrolling at four-year public and private nonprofit schools has barely budged.
  • 08.27.15

    A different approach to teacher learning: Lesson study

    In the United States, we tend to think that improving education is about improving teachers - recruiting better ones, firing bad ones. But the Japanese think about improving teaching. It's a very different idea.


in collaboration with Spotlight on Poverty and Opportunity

Raise the poverty line, implement protectionist tariffs, and institute employee representation in corporate decision making

File under: job creation, poverty line, basic budget, employee representation, tariffs, manufacturing, industrial policy, technology, jobs, taxes, welfare

0 (0 votes)

From: Keith A., , IL

High poverty and high unemployment aren't an anomaly. They're the natural state of affairs in a backward economy. In the United States, they're a warning sign that our economy is regressing. This isn't a recession -- it's a regression.

Without a basic standard of living, people lack the security, flexibility and opportunity to make good long-term economic decisions. Therefore, redefine the poverty line to account for increases in the costs of housing, transportation, health care and child care (read more here), and distribute the benefits of entitlement programs accordingly. Pay for them with a steeper marginal tax rate on luxury-level income (60 percent on income over $175,000 a year for single filers, $300,000 a year for joint filers).

But transfer payments alone are a drag on the economy. Therefore, put in place an aggressive national industrial policy focused on two things: advanced technology (especially in nano and green energy) and domestic production of goods for domestic consumption. If we can't compete head-to-head with slave-labor wages in China and other nations, then we have to accept the necessity of temporary protectionist tariffs as a defensive measure while our productive capacity regenerates.

Finally, amend corporate law to require German-style employee representation in corporate governance, to ensure that companies are run with the interests of all stakeholders in mind, not just to maximize profit for stockholders and executives. This should result in fairer employee compensation as well as more reinvestment of earnings in research and development.


Comments:

Keith A.
From , IL

Two addenda: There is so much work in this country that needs to be done, and so many people who need work, the obvious problem is figuring out how to pay the latter to do the former. This is where a WPA-style work program would be extremely useful in the short term, especially considering the deplorable state of our national transportation and utility infrastructure. Also, the single biggest roadblock against job creation right now is big banks' unwillingness to lend money to small businesses and startups. Therefore, either the Federal Reserve or a public-private small-commercial bank should lend directly to these businesses so that they can create the jobs we need. Capitalism has a major role to play in our recovery, but our biggest capitalists are refusing to cooperate. Cut them out of the deal.


American RadioWorks |
boots-to-books

From Boots to Books

The longest war in American history is drawing to a close. Now, the men and women who served are coming home, and many hope to use higher education to build new, better lives. They have help from the Post-9/11 GI Bill, a piece of legislation that many advocates say offers more support to returning veterans than any policy since the original GI Bill of 1944. In this documentary, we explore how the first GI Bill revolutionized the lives of millions of young veterans, America’s institutions of higher education, and American society at large. But America’s economic and academic systems have changed, and veterans today are returning to a very different reality than their predecessors.

Recent Posts

  • 09.03.15

    The history of the GI Bill

    A staggering 16 million soldiers returned home from World War II, and millions of them went to school. Because GI Bill benefits were generous enough to pay for any college in the country, veterans flooded all types of institutions, from elite schools like Harvard to large state schools, to vocational schools. By 1947, half of all college students in America were veterans.
  • 09.03.15

    The front lines of the long journey home

    Colleges and universities have become the front lines of one of the great challenges posed by war: how to reintegrate the people who've served.
  • 09.03.15

    The GI Bill: One of the last great economic ladders?

    The Post-9/11 GI Bill was supposed to change where veterans could go to college by giving them more money, and, therefore, more options. But since the new bill went into effect in 2009, the percentage of veterans enrolling at four-year public and private nonprofit schools has barely budged.
  • 08.27.15

    A different approach to teacher learning: Lesson study

    In the United States, we tend to think that improving education is about improving teachers - recruiting better ones, firing bad ones. But the Japanese think about improving teaching. It's a very different idea.