Michelle Rhee, the so-called education expert, when repeatedly asked on MSNBC tonight couldnt bring herself to address income inequality and its damaging impact on labor mobility (rags to riches). The impact of income inequality now far outweighs the presumed counter balance of education as a means to change ones personal economic future. While she should be well enough educated to articulate the factor given its significance, she chose to run the old corporate line about mismatches of qualified workers for the jobs corporations have available. BTW just maybe the dramatically reduced pay for many jobs since 2008, factors into the scarcity of workers qualified to do certain jobs? Anyway, along the way to posting this I looked up Labor Mobility or the ease or difficulty to move in our economy something akin to what we think of as the opportunity to go from rags to riches. The Wikipedia version has been completely hijacked by right-to-work anti minimum wage types. Im not an economist but it is nonsensical given the state of our economy. It doesnt pass the laugh test. Any Labor Economists up for the job out there?
Posted on: Thu, 05 Dec 2013 06:09:23 +0000
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