President Joe Biden

So they are making billions a year in tax free 'endowments' while helping predatory lenders lock students into unfair loans... and Biden, in his infinite wisdom, looks at this equation and has decided that throwing billions of federal money at it will somehow improve things. Good grief.

It's getting to the point where I have to wonder is he living on another planet or corrupt?

There is an endowment tax: https://en.wikipedia.org/wiki/Endowment_tax

I don't think these large endowments are super ubiquitous considering how many colleges/unis there are out there:


But I agree, those should be chipped away a bit -- an indirect way of taxing the 1% I suppose.
 
There is an endowment tax: https://en.wikipedia.org/wiki/Endowment_tax

I don't think these large endowments are super ubiquitous considering how many colleges/unis there are out there:


But I agree, those should be chipped away a bit -- an indirect way of taxing the 1% I suppose.
Particulary when our universities are being funded by us to the tune of $112 billion a year for tuition alone, not to mention grants, federal research funding etc. I'm picking on U of Michigan but they receive over $1 billion from the federal government annually.
 
It's getting to the point where I have to wonder is he living on another planet or corrupt?
It's gross incompetence driven by strict adherence to a misguided narrative founded in emotion and not substance and an administration chosen based on identity and not qualifications. Harris, Buttigieg, Blinken, Mayorkas, Becerra, Granholm, Austin, Blinken. Really? The seven dwarfs could out perform this group. If you look at their responses to difficult problems their #1 response is to laugh, their #2 response is to say they are doing everything they can and have been working on it for months without saying what they are doing and their #3 response, when all else fails, they gaslight.

Not all the problems we're having were caused by the Biden administration, but their policies are either excerbating the problem or they do nothing to address them. For some reason, they act like if they ignore a problem it will go away. In many ways the media is complicit...if they don't report it the problem doesn't exist. Some of their policies might be OK in certain times, but not in the current times of runaway inflation. Telling people to deal with high gas prices by buying an electric car may be fine in 2040, but its not feasible in 2022.

I don't think Joe is inherently financially corrupt, Hunter clearly is and has exploited his dad's position to further his schemes. Joe knows what's going on, but he is using the Seargant Schultz strategy.

You combine this with someone who is clearly in cognitive decline and you get where we are today.

If the Republicans don't do anything stupid (not holding my breath) between now and November it might be a red tsunami.
 
In fairness... during the Trump years you did the same. Yea if pressed you might say I don't agree with him, but I can't remember a single lie you called him out on, or time you outspokenly broke with the party line.
When Trump took over the party, I left the party and registered Independent...
In fairness, I doubt that you have read everything I've posted over the years. Is anything I've posted a lie regarding Joe Biden?
In fairness, under Trump we did not have the Afghan exit disaster; the border was under control, gas & food were 1/2 of what they are now, baby formula was not in short supply, etc.
Trump did indeed lie but mostly about things like the number of folks who attended his inauguration...BFD
I didn't vote for Trump & I didn't vote for Biden...Trump is a liar, Biden is a liar and incompetent..
Trump is no longer President and if he was and he was as miserably as incompetent as Joe is, he'd get called out too.
Poor Joe, even the liberal press is seemingly beginning to question his competence...
 
Particulary when our universities are being funded by us to the tune of $112 billion a year for tuition alone, not to mention grants, federal research funding etc. I'm picking on U of Michigan but they receive over $1 billion from the federal government annually.

The research funding is worth it though. Universities do a lot of good work there. Research gets funded that otherwise wouldn't in our current economic model. What's that breakdown of federal funding for U of M?
 
The research funding is worth it though. Universities do a lot of good work there. Research gets funded that otherwise wouldn't in our current economic model. What's that breakdown of federal funding for U of M?
Fair, although there is some crazy research that has no practical relevance. My point is the universities should look to its own pot first before it dips into the public cookie jar.

You also have to evaluate whether or not you think your child is getting their monies worth for their education at a research university vs a teaching university. There are pros and cons to both.
 
Fair, although there is some crazy research that has no practical relevance. My point is the universities should look to its own pot first before it dips into the public cookie jar.

You also have to evaluate whether or not you think your child is getting their monies worth for their education at a research university vs a teaching university. There are pros and cons to both.

Totally agree. I would have some very frank conversations with my kids if they picked degrees with bleak earning potential. I think those areas are valuable but we haven't figured out how to appropriately fund them as a society.

Crazy research today could turn into something normal tomorrow. Plus, I don't think the Feds are just handing out money like it's candy. You generally have to go through a whole grant proposal process that isn't super simple. I mean it's not like the PPP loans.
 
The research funding is worth it though. Universities do a lot of good work there. Research gets funded that otherwise wouldn't in our current economic model. What's that breakdown of federal funding for U of M?

@baldref I know you do a laughing emoticon on everything you disagree with, but this one is puzzling to me. You don't think Universities should do research? I'd love to understand your mindset here? Did you happen to get a bachelor's degree?
 
Totally agree. I would have some very frank conversations with my kids if they picked degrees with bleak earning potential. I think those areas are valuable but we haven't figured out how to appropriately fund them as a society.
It the primary reason why we decided the UC's weren't a good option for my daughter. Other than Engineering there really aren't many practical and marketable majors at the UC's, primarily just liberal art's degrees. Probably fine if you going to pursue a masters degree, law degree or doctorate, but not super marketable for a job right out of college.
 
@baldref I know you do a laughing emoticon on everything you disagree with, but this one is puzzling to me. You don't think Universities should do research? I'd love to understand your mindset here? Did you happen to get a bachelor's degree?
I laugh when I think something is funny. Agree or disagree.
 
Crazy research today could turn into something normal tomorrow.

On this we can agree. It would be nice if Technical Colleges we viewed more like traditional colleges by HS counselors.
It's like it's frowned upon.

 
On this we can agree. It would be nice if Technical Colleges we viewed more like traditional colleges by HS counselors.
It's like it's frowned upon.

100%. We used to have "shop" classes in high school including auto shop. No more in most cases.
 
So what was funny about what I said?
I'm not here to debate anyone. However, since you asked, I think it's funny when someone makes a blanket statement and presents it like it's a fact. That's a product of the pols and media constantly doing it. "The research funding is worth it though." In my opinion, very little of it is, and even a smaller percentage is worthy of my tax dollars. These institutions are part of a mutli-billion dollar industry. Fund your own research. As for your questions about my education, it matters not. Why would you believe me or even want to know? And again, that's just my opinion and I'm not here to argue or debate it. Just here for a few laughs. So, have a great day...... I am.
 
I'm not here to debate anyone. However, since you asked, I think it's funny when someone makes a blanket statement and presents it like it's a fact. That's a product of the pols and media constantly doing it. "The research funding is worth it though." In my opinion, very little of it is, and even a smaller percentage is worthy of my tax dollars. These institutions are part of a mutli-billion dollar industry. Fund your own research. As for your questions about my education, it matters not. Why would you believe me or even want to know? And again, that's just my opinion and I'm not here to argue or debate it. Just here for a few laughs. So, have a great day...... I am.
 
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