Tuesday, July 8, 2008

At last, our dream of a Nation free of annoying, pointy-headed elitists is within our ham-fisted reach

America’s human capital is tested

A startling and profoundly important fact about the US economy has received surprisingly little attention. The educational quality of the country’s workers is starting to decline – not just relatively (because other countries are catching up and moving ahead) but also, for the first time, in absolute terms. Over the coming years, baby-boomers departing from the labour force will have better educational qualifications than the younger workers replacing them.

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