on April 24 the U.S. Department of Education released a study that has serious implications for the state of our economy and for the welfare of all Americans. The study found that education and training are strongly associated with higher productivity and higher paying jobs. College graduates, according to the study, earn 50 percent more than high school graduates, and twice more than that of high school dropouts. Workers who improve their skills through job training have higher earnings, as do those who have a record of higher academic achievement. One of the more disturbing findings, Mr. Speaker, is that the leading productivity the United States has enjoyed for decades may be slipping because we are not doing a good enough job in educating our children, we are not equipping them with the tools they need to be viable job holders in the global marketplace. Today it is more important than ever that we provide our people with the skills they need to keep America competitive going into the next century.
Editor's note · Context
Discussing the implications of a Department of Education study on education and the economy.
Share
More from Gerald Ford
to all of my colleagues, it is interesting when I hear and all of us in this debate about Federal versus local. Let us just deal with the facts for one moment. Ninety-four cents of every dollar raised and spent for public education is…
I simply asked the question, why are we raising taxes on families earning $11,000 a year or less? When given the opportunity to cut taxes for them in the form of a child tax credit beginning in 2005, you chose and your side chose not to…
I hope that as this vote proceeds, Mr. Chairman, I will say to my friends on the other side of the aisle that some of us who are struggling with this, please refrain in your press statements and releases from referring to anybody on this…
Folks who are enjoying part of this tax credit today, in 2005 will see that tax cut decrease or eliminated all together. Which, if I understand the definition of a tax increase, that indeed is a tax increase on people earning $11,000 a…





