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Matches in SemOpenAlex for { <https://semopenalex.org/work/W130519885> ?p ?o ?g. }

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• W130519885 abstract "It is mostly political rhetoric, I know. But the justification for decisions on the federal budget - that they are save the future of our children - is so cynical that I wince every time I hear it. Those who indulge in such symbolic semantics talk about bringing down the budget deficit. They rarely mention that they are doing so at the same time that they are asking the poor and low-income working families to pay to fatten pocketbooks at the Pentagon and among the wealthy. They never say that cutting support for education and for other investments in human capital is part of the deal. In some ways, federal education funding is also merely symbolic - never enough to be a significant contribution except in schools in very poor neighborhoods. But federal education funding is very important as a way of getting the country to discuss educational priorities. For more than 20 years, the focus was on equity; in the 1980s, it shifted more toward the economy. Today, neither issue seems to be part of the budget conversations. Instead, each state is supposed to conduct a debate about priorities, pitting education against a host of other demands on state budgets at a time when most states are facing a dramatic rise in school enrollments. Decisions will be made without the influence of a national standard of concern. This column has often described the impact of these shifting priorities on students now in school. But middle-income families will share in the struggle ahead. For example, Congress is considering raising the maximum Pell Grant by only $100, even as it is cutting off eligibility to more than 360,000 students, most of whom will come from the lower end of the distribution of middle-income families. These changes are afoot despite the fact that the real value of the grants has decreased by more than 25% in the past 15 years. Meanwhile, the income gap in weekly earnings between a high school graduate and a college graduate has grown to 65% (up from 27% in 1979). Even a single year of college - at two- or four-year institutions - increases annual earnings by between 5% and 13%. If the plight of individual young people is not important, then those making the budget decisions ought to match their pronouncements about saving-the-future-of-children to a forecast of what will happen to the nation's productivity. Since the early 1970s, says Jeffrey Madrick, author of The End of Affluence, in a New York Times column, productivity in this country grew at an average rate of only 1%. …" @default.
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• W130519885 date "1996-03-01" @default.
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• W130519885 title "Words about the Future" @default.
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