To students studying Business, Economics, Religion, Political Science, and Philosophy:

 


Please consider — and research/define where necessary — the following items occurring in the United States today. 

The fiscal cliff.
The U.S. debt limit.
Federal spending vs. revenue.
Printing money and it’s potential impact on inflation.
Recent election results.
A global economy; global competition.
The place/role of money.
Race against the machine; also see this posting.
Matthew 6:19-34.

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Then, please discuss/answer the following questions:


  1. What makes our debt risky? On a national level? On the money and banking level? On a personal level?
  2. What are your thoughts about the following items:
  3. What implications do you see in these items? Will they be impacting you and/or your future?
    • Are there political ramifications for this?
    • Are there spiritual ramifications for this?
  4. Could the U.S. be heading for trouble? If you say yes, what support do you have for this assertion? If you say no, what do you support your argument with?
  5. Do you think we are a divided nation? What support do you have for this perspective?
  6. What characteristics of leadership would you most like to see at this point in time?
  7. After reading Matthew 6:19-34:
    • If you, personally, lost everything you had, what would that do to you emotionally? Physically? Spiritually? That is, if our savings completely dried up, what would life be like for us as a society? What would that do to our hearts?  To our perspectives/worldviews/priorities? How we choose to spend our time? What would it do to our view of God?  To our view of ourselves?

 


Some other resources to consider:


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fiscal cliff

 

 

 

 

 

 

 

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Digital Revolution’s Winners And Losers — from Information Week by John Foley
Workers with in-demand digital skills benefit most as computers increasingly take over
everyday tasks. In this InformationWeek 500 video, MIT’s Erik Brynjolfsson discusses
how this trend could affect your enterprise.

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From DSC:
I agree with Erik that a large swath of people are being left behind, mainly because of technological changes and the pace of those changes. Again I ask, can you hear the engines roar?  How can we re-train folks to take advantage of the 3+million open jobs out there? How can we reinvent ourselves as quickly as possible?
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The pace has changed -- don't come onto the track in a Model T
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Addendums:
  • Andrew McAfee: Are droids taking our jobs?
    Robots and algorithms are getting good at jobs like building cars, writing articles, translating — jobs that once required a human. So what will we humans do for work? Andrew McAfee walks through recent labor data to say: We ain’t seen nothing yet. But then he steps back to look at big history, and comes up with a surprising and even thrilling view of what comes next.
  • America’s jobs gap: 9 million — from cnn.com by Tami Luhby

Book description:

Wired magazine editor and bestselling author Chris Anderson takes you to the front lines of a new industrial revolution as today’s entrepreneurs, using open source design and 3-D printing, bring manufacturing to the desktop.  In an age of custom-fabricated, do-it-yourself product design and creation, the collective potential of a million garage tinkerers and enthusiasts is about to be unleashed, driving a resurgence of American manufacturing.  A generation of “Makers” using the Web’s innovation model will help drive the next big wave in the global economy, as the new technologies of digital design and rapid prototyping gives everyone the power to invent — creating “the long tail of things”.

Also see:

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3d Printing by Freedom of Creation Monarch Stools in situ How 3D Printing is Disrupting Mainstream Manufacturing Processes

 

http://www.pbs.org/wgbh/pages/frontline/dropout-nation/

U.S. debt $417 billion below the debt ceiling — from CNN.com by Jeanne Sahadi

Excerpt:

The debt ceiling is currently set at $16.394 trillion. At the end of August, the amount of debt subject to that limit — which excludes certain types of debt was $15.977 trillion, roughly $417 billion below the cap. Since the government typically borrows between $100 billion and $125 billion a month, that means it’s on track to hit the ceiling sometime in December. But the Treasury Department will likely be able to use “extraordinary measures” to keep the debt just below the legal limit for a couple of months.

Bottom line:
Congress will likely need to raise the ceiling in early 2013 or Treasury will risk defaulting on the country’s legal obligations by failing to pay all of its bills in full and on time.

From DSC:
At some point, if we don’t turn things around, the vast majority of our tax dollars will go to pay for interest on our debt…and. nothing. else.

 

More than 16 million U.S. children currently live in food insecure households, according to the U.S. Department of Agriculture (USDA). These families too often confront a painful choice—pay bills, provide shelter, or put food on the table. To address this increasing need, nonprofits, foundations, government, and corporations must work together to make sure more children have access to the safety net programs that can provide them with the food they need to thrive.

 

—  Collaboration and Partnerships: The Path to Ending Child Hunger
Neil Nicoll, YMCA of the USA – Posted August 27, 2012

Also see:

 

The middle class falls further behind -- part of the perfect storm for higher ed in the US

 

From DSC:
Along with a host of other trends, this is a piece of the perfect storm in higher ed. People will find a way to make a living — whether this involves “traditional” higher education or not. From a career development side of things, robotics may make these graphics even more pronounced as jobs move from being done by humans to jobs being done by robots.

Also see:

 

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Addendums:

 

The decline of US manufacturing jobs and living standards — from bbc.co.uk by Jonny Dymond BBC News, Michigan

Excerpt:

For decades America’s vibrant manufacturing sector provided poorly educated workers a bridge to the middle class. But today’s plants need highly skilled workers who know their way around ultra-high tech machinery.

From DSC:
While manufacturing levels are back up, unemployment rates continue (McAfee, 8/8/12 –> “But new manufacturing facilities in America and elsewhere today don’t need large numbers of hard-working-but-unskilled workers; they need small numbers of hard-working-and-highly-skilled ones.”).

I have a feeling the middle class is going to continue to shrink here in America, unless we can reinvent ourselves. But reinventing ourselves requires that people learn about new things — something much more feasible if people like to learn. 

Upon graduating high school, do our students like to learn? Upon graduating college, do your students enjoy learning about new things? If not, how can we make learning more engaging and enjoyable?  That’s imporant these days because there”s no more hopping on the corporate bandwagon for 40 years and then retiring with a nice pension/401(K) plan.  All of us will need to “go back to our drawing boards” many times during our lifetimes now.

 Also see:

 

 


Below are but a few examples that focus on money — is it any wonder that Jesus talked so much about this very subject!?!
(Second only to talking about the kingdom of heaven.)


 

 

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Addendum on 7/23/12:

  • Wealthy hiding $21 trillion in tax havens, report says — from cbcnews
    ‘Debtor countries’ are actually wealthy when hidden money is accounted for

    Excerpt:

    The “super-rich elite” are hiding more than $21 trillion US in tax havens around the world, an amount roughly equal to the combined GDP of the United States and Japan, according to a new report.

Internet Trends -- Mary Meeker's 5-30-12 presentation at D10 Conference

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The 10 poorest high schools in the U.S. — from Online Universities by Staff Writers

Excerpt:

Anyone who has ever read any of Jonathan Kozol’s books, such as Death at an Early Age, Amazing Grace, Savage Inequalities, or Shame of the Nation, cannot help but be affected by the portrayal of the inhumane conditions under which students and teachers in some of the nation’s poorest schools are expected to learn. There are shootings in the streets outside, no heat or air conditioning, crumbling ceilings and walls, classes housed in closets and trailers, overcrowding, malnourished and homeless students, and every dehumanizing condition you would imagine in a Third World country — right here in the U.S. Yet every year, a few students from these schools manage to graduate and find their way to college. This can only be accomplished by the dedication of teachers who choose to work in terrible conditions, for little pay, and who often receive criticism or outright scorn for their efforts.

Mr. Kozol hasn’t written a book since 2007 — even the most dedicated activists and educators grow old — but there has been little change for the better in the poorest schools in this country since then. In fact, with the recent economic downturn, conditions are likely to have gotten worse in many of them. In keeping with the spirit of Kozol’s work to shed light on the plight of students and teachers laboring under terrible conditions, here is a look at the 10 poorest schools in the U.S.

 

Also from DSC:
I want to add the following thoughts…which I was going to post at some other time, but I thought that these reflections were very relevant to the above item.

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We’re all in the same boat together.

If we invest in programs like providing homes for the homeless, early start programs, and in helping families with daycare and additional education-related resources, we can reap the harvest of those investments for years down the line.  As a more immediate benefit, teachers can have a chance to address the entire class, not just the 4-5 students who require most of their attention.

I was struck by the truths expressed in the excerpt below concerning ed reform from John Holland (and The Future of Teaching blog) “Breaking Cycles is What I Do” (emphasis DSC):

I have seen it with the families of children I have taught in Head Start. Cycles are broken when you focus on more than just test scores. They are broken when you support the whole family overcome the challenges of poverty. Head Start uses an overlapping service delivery system that ensures that children and families are getting what they need to be successful. The same thing could happen with teachers. If we only measure test scores and we only evaluate teachers on test scores we will never see the whole picture. We need to look at the overlapping systems that have created the education we are delivering now. We need to look at teacher prep, professional development, compensation, testing rationale, working conditions, preparedness of students, technology, commitment from families, funding, unions, and societal expectations. We can break this cycle of ineffective reform if we look at the overlapping systems and start to manipulate them to do one thing — support student learning and teacher effectiveness. It needs to be an overlapping effort, not just teachers, not just foundations, not just policy makers, not just students and parents, not just corporations, not just you and not just me. (And just to be clear, public rating of educators as is happening in New York is not about student learning or teacher effectiveness.)

It can be done though.

This is why I am so passionate about Teaching 2030 and the progress we are making to change how educational policy gets made and the value of teachers in the process. Here is a brief clip of my perspective on the topic.

Tagged with:  

http://www.usdebtclock.org/

 …and back from previous dates:

 

As of 11-20-11

 

usdebtclock.org

As of 8-24-11

 

Also see:

 

 

 

Addendum on 5/7/12:

 

"The American Dream: Fraying of the Folklore" San Francisco Chapter of the National Association of Business Economics. February 29, 2012

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From DSC:

Note the troubling picture here for higher ed — the real median household income continues to decrease in the last several years, yet in those same years, there have still been increases in the cost of tuition.  That is, I’ll bet the going rates of higher ed degrees in California are not at their 1998 prices/levels.

 

Staying Relevant

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Also see:

© 2025 | Daniel Christian