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Ending the ‘Race to the Bottom’

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Education policy reform and serious action expected from the government. Obama has agood grasp of what is needed and what actions to take to improve the quality of education in our schools, and the support from parents.

Healthcare and education as big U.S. job sources in the 2008 global financial crisis as construction spending is hit hard, which continues to be the case in 2014

03/11/2009

An exceptional piece by Michael Mandel of Business Week highlighting the importance of education and healthcare sectors for development. In Michigan, one of the hardest hit states in the U.S., education and healthcare provides about 23% of jobs, compared to manufacturing with about 12% in 2009. Six years later in 2014 healthcare is an even bigger source of future jobs as shown in U.S. Bureau of Labor Statistics information. Competition in the global economy makes investments in education critical for future competitiveness. As manufacturing gets automated it provides fewer jobs per million dollars invested, and with lower manufacturing wages in developed countries to improve competitiveness. Investments in education, especially science and technology for new generations of products and demands, better preschool and better classrooms,and in community colleges with broader access to the public at lower cost, helps bring more of the population into better jobs. This is generally true for all developed economies and interestingly applies to China also with its aging population and shift to higher technologies for its products. In countries like India poor resource allocation to healthcare and education means immediate and high dividends from such investments.

Grouped Articles

The Big Job Engines: Education and Health

BusinessWeek 03/11/2009

Obama Outlines Plan for Education Overhaul

New York Times 03/11/2009

Ending the ‘Race to the Bottom’

New York Times 03/12/2009

Recovery Has Created Far More Low-Wage Jobs Than Better-Paid Ones

New York Times 04/27/2014

A part-timer boom, or blip? - The Washington Post

Washington Post 07/16/2014

The new Secretary of Education, Arne Duncan, and his plans for improving U.S. education.

12/16/2008

Obama and Arne Duncan's plans for American education.

Grouped Articles

U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide

Wall Street Journal 07/22/2013

The Great Stagnation in American Education

New York Times 09/07/2013

Peterson and Hanushek: The Vital Link of Education and Prosperity

Wall Street Journal 09/11/2013

Obama’s Homework Assignment

New York Times 01/18/2014

Arne Duncan: Better education starts with honesty about achievement gaps - The Washington Post

Washington Post 01/24/2014

Obama Outlines Plan for Education Overhaul

New York Times 03/11/2009


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