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America’s Billionaire-to-National-Debt Contradiction | deutsch29

America’s Billionaire-to-National-Debt Contradiction | deutsch29:



America’s Billionaire-to-National-Debt Contradiction

May 21, 2014

In 1983, the Reagan Administration published the now-infamous report, A Nation at Riska report that declares the American education experience is “eroding” due to “a tide of mediocrity.”
Here are the opening sentences of that report:
Our Nation is at risk. Our once unchallenged preeminence in commerce, industry, science, and technological innovation is being overtaken by competitors throughout the world.
The report was published 41 years ago.
In 1983, the US had 13 billionaires.
In 2014, the number of US billionaires has risen to 492.  Thus, in 2014, our “nation at risk” has almost 38 times the number of billionaires it had in 1983– the most in the world by far.
Interestingly, 13 of the now 31 who are under 40 years old are from the US.
In 1983, the US had 13 billionaires. In 2014, the US has 13 under-40 billionaires.
When the nation was declared to be “at risk,” these 13 young US 2014 billionaires were at most two years old.
The richest man in the world at $77.4 billion– Bill Gates– dropped out of Harvard in 1975– and now presumes to drive American education “reform” for the masses as though it is a business deal.
(Gates has not lived the life of the masses. Consider his high school experience. The heavily-Gates-funded Common Core State Standards {CCSS} would not be America’s Billionaire-to-National-Debt Contradiction | deutsch29: