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Once we had an Education Bubble. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-10-07 09:15 AM
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Once we had an Education Bubble.
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Bubbles, bubbles, bubbles everywhere.

High Tech stocks grew and grew in value and then the prices collapses. Another bubble burst.

Housing prices skyrocketed, hit the top, and plunged. Another bubble burst.

After the Soviet Union launched Sputnik (October 1957) the United States launched a drive to improve math and science education. Four years later we led the world. Those days are long gone now, another bubble popped.

Every time I see a bumper sticker noting that someone's child had done well at their school (you know the ones. "My Child Is An Honor Student at Ben Franklin Elementary) it flashes in my mind that back in 1960 the kid would have been average at best and probably considered a slow learner.

Yesterday on National Public Radio Dana Perino the current White House Press Secretary (born May 1972) said she knew nothing about the Cuban Missle Crisis (September 1960) and could not give a coherent answer to a question about it at a White House Press Conference.
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