Obama: Community colleges can help boost ailing economy (Econ 000)

CNN ^ | July 14, 2009 | By Dan Lothian

[Oldeconomybuyer]

(CNN) -- Community colleges are only two-year institutions, but the Obama administration says they could play a key role in helping boost the ailing economy for years to come.

"Instead of lining the pockets of special interests, it's time this money went toward the interest of higher education in America," he said

[Oldeconomybuyer]

[dforest]

The Communist wants to make sure all kids are indoctinated and we get to pay for it.

nuff said.

[CommieCutter]

Someone needs to tell this dummy that there needs to be jobs first before a 2 year education can be affective.

[dforest]

oop indoctined=indoctrinated

[gidget7]

Putz! How is going to a community college going to help the economy? Where are the unemployed supposed to get the money to live on while they are attending? THEY HAVE NO JOBS!

How does this help business? They are still overburdened with taxes, fees, regulations, and requirements, not to mention whatever service the deliver or product they make, is not being purchased.

[ModelBreaker]

Put all those young folks to work making things and performing useful services. Subsidizing what amounts, for many, to two idle years is ridiculous.

[randomhero97]

What model is he drawing up on the chalk board? I can’t remember the name of it.

[NMEwithin]

[Red Boots]

Obama also announced a goal of 5 million additional community-college graduates by 2020. He said the initiative will not add to the deficit because the investment will be paid by "ending the wasteful subsidies we currently provide to banks and private lenders for student loans, which will save tens of billions of dollars over the next 10 years."

Oh, I get it. It's just a cover for the nationalization of the student loan industry. Goodby any private college, then. There are only a few left who don't accept any financial aid from the feds. Their students, tho, do often get private loans. Looks like those will be history, and thus the schools.

[drypowder]

That’s why he wants to keep them in school

[KJC1]

Apparently one of the problems (at least in CA) is that many community colleges did away with many vocational programs that translate directly into skilled jobs for graduates: nursing, auto mechanics and body repair, welding, etc. Instead the focus turned to useless liberal arts programs. If this “plan” actually focused on bringing back useful vocational programs, it would make sense to me, and of course that’s assuming this whole country hasn’t gone to hell in a handbag by then. If the “plan” doesn’t emphasize vocational training, then it’s just more wasteful garbage in my opinion.

[jeffc]

Everyone I talk to thinks my idea is good: greatly expand the SBA and let Americans put Americans back to work.

Those who fail will gain skills that will be valuable, and make them employable, to those who succeed in new businesses. I think it's the quickest way to get the economy rolling.

There's all kinds of small businesses people can start up on their own (think tiny two or three person operations to start with). Tax revenues will go up as more people earn and spend taxable income. People will buy from businesses with money from their new jobs, and busineses will buy from other businesses.

I wanted to get this idea to my rep, Ginny Brown-Waite, but I missed the "town hall meeting" at the Dunnellon Library last Thursday. The next one isn't till September, unless I go down to Citrus County.
Is it worth it or not?