Why not double down and give each child two tutors (furthermore called parents) @ $50,000/yr?
I hate to have to say this but GDP isn’t the absolute upper limit for government spending. I know they tell you that every dollar of government spending is equal to $2 of increased GDP (or some equal bullshit) but that doesn’t mean GDP is an open checkbook for the government to drive the economy. At some point someone has to generate actual value for them to appropriate for their political ends.
This is the only time I’ve ever wanted the AI to generate a reply for me but, alas, that’s not in my current skill set.
> Why not double down and give each child two tutors (furthermore called parents) @ $50,000/yr?
What happens if they have two or more children? What if they want other jobs? What real bearing does this have on the fundamental problem?
> I hate to have to say this but GDP isn’t the absolute upper limit for government spending.
I didn't suggest it was. I'm showing that if you want to have high value education, it would become about 10% of the total economy. Does that seem "prohibitive" to you?
> At some point someone has to generate actual value for them to appropriate for their political ends.
And educating children has no value?
> This is the only time I’ve ever wanted the AI to generate a reply for me but, alas, that’s not in my current skill set.
> Obviously, as a cost cutting measure, we will pay $50k per child to each of the parents.
What is your reasoning for believing this would improve outcomes?
> I don’t actually understand what the problem is we’re trying to solve here, honestly.
Really? We spend a lot on education. Our outcomes are demonstrably sub-optimal. There's no correlation between amount spent in a classroom and classroom outcomes. There's obviously a large flaw in the entire model.
> Give them all an AI and call it a day.
Well.. when we invent an actual AI and not some hallucinatory language model, let me know, until then, you're obviously not serious or willing to play fast and loose with something important.
Hard to believe we're struggling to get this right.
There's no upper limit to government spending when they can just add some numbers to a database, it's just how much inflation the country can tolerate and whether anyone will accept a wheelbarrow of toilet paper currency in exchange for goods and services that people want.
Brazil and Zimbabwe found this out the hard way, but a lot of people really don't understand how times can be hard when the numbers keep going up because they neglect to consider inflation and the government has an interest in managing down the real numbers and mumbling something about "greed" while they enact policies that effectively create huge, regressive taxes.
I hate to have to say this but GDP isn’t the absolute upper limit for government spending. I know they tell you that every dollar of government spending is equal to $2 of increased GDP (or some equal bullshit) but that doesn’t mean GDP is an open checkbook for the government to drive the economy. At some point someone has to generate actual value for them to appropriate for their political ends.
This is the only time I’ve ever wanted the AI to generate a reply for me but, alas, that’s not in my current skill set.