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Consumer Retorts: Rants and Raves on the Business of Self- and Home-Improvement

Wednesday, March 29, 2006

Cutting Class

The LA Times reports that LA High School students cut class in great numbers in order to protest proposed immigration reforms.

Under-reported in the US media was the walkout of over a million civil servants in London this week.

Global discontent may not produce a revolution, but it may in fact produce new learning opportunities. And they will not be taking place at airports, so it's another reason to travel less.

2 Comments:

Anonymous said...

indeed higher education can serve as a leading indicator for unrest. we ought to be watching out for several other reasons why there might be problems ahead for the northern hemisphere: commodity price weakness signals a stalling global economy; at the same time (because it keeps corporations afloat to raise prices) we experience price inflation (although officials won't admit this), while central banks work to prevent wage inflation (certainly globalization helps here, via outsourcing); and in addition, we may be headed for a sudden and substantial decline in home values (which ties back to interest rates. of course, there are already big problems with Iran, with consequences for energy cost and defense spending. certainly this will affect north america and europe, and to a lesser extent australia and asia.

11:29 AM  
catherine liu said...

The inability of economists to admit price inflation may be the most hilarious part of their world picture. Housing costs have made Anglo-American consumers slaves to their credit card, home equity and mortgage debt. But because there is a glut of cheap goods made in China, we have some kind of consumer anesthetization taking place.

And here is the thing about cutting class in a school system that is woefully inadequate -- these kids are learning more on the streets of Los Angeles about how to demand more from the educational system than they could ever possibly learn in the classroom, where if they stay under today's conditions, they are learning to accept that the world will never change, that the education they get will be substandard and that the poor and the illegal have no rights in this country.

2:01 PM  

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