Quote (ofthevoid @ Jun 22 2018 01:28pm)
Throwing a bunch of buzzwords around doesn’t actually mean you know what you’re talking about. What does labor outsourcing have to do with education prices going up?
Price of education has gone up for several reasons. For one the demand for education has gone up. Secondly, the quality and demand for more specialized education also increased the price. Thirdly education has become a business which like all other business tries to maximize profits. Fourthly, inflation cost of living, wage growth & many other variables have contributed to the rise in prices.
Hey, buddy, take the real cost of buying a house in... let’s just say the 70’s even, get the real GDP for the same year. Now take that with the cost of buying a house today and the current GDP and average wage.
Compare the rates. Easiest way to do this is to find the rate of change with the simple equation of x-y/y, where x is the current and y is past.
Oops I actually did it and know what I’m talking about... what a crazy concept.
I went even further as to compare the growth increase (REAL) of the average wage compared to that of CEO’s.
The rate at which it has increased is specifically alarming.
This post was edited by IchBinDaddy on Jun 22 2018 12:33pm