Posted on 04/24/2006 8:13:55 AM PDT by george76
I believe that if India hadn't gotten bogged down in their failed experiment in socialism they would of been at this point decades ago.
Parts of India and China are finally realizing that socialism does not work.
Socialism sounds clever, but it does not work.
The DUmmies with Tenure and our labor unions have convinced Kennedy, Kerry, etc. to say that socialism is wonderful.
India and China will be eating our lunch.
He probably had several years of work experience right out of college followed by a two-year MBA.
I have maintained that if schools here set a really high bar, our students will excel. Imagine if American kids had to do 2-3 hours of math and science homework a night.
Then when would they have time for watching MTV, Survivor: THE UNREAL WORLD and play Playstation and XBox?
I think you are all being too harsh on american kids. I am pursuing my engineering in an american university. I work with americans in my class assignments and projects. I see a lot of creativity, logical capability in them. the only limiting factor is math! That literally throws them off track.
So I dont think the fault is in the kids. Its in your education system that does not encourage math and science and ends up creating a fear of amth and science among students. If given the right push in this direction, I think US will be able to produce more engineers than India and Chinese combined because you have the best higher education infrastructure in the world.
We are being harsh on the NEA, the unions, and the Tenured University professors.
The American kids should learn more math in high school. Many of the high schools are terrible ( not all ).
The Boards of Education who set low educational standard and the teacher's union who set work rules to protect bad teachers all put the kids at risk.
We are not trying to unfairly fault the kids. Many of the parents are at some fault; do they attended PTA meetings and parent/teachers conferences ?
Why do the parents re-elect lame school boards and re-elect school board members who approve lame standards.
The parents also re-elect politicians who pander to the unions. The unions provide money and labor for the weak politicians and their re-elections.
None of the above is helping the kids prepare for life in the real world.
"Indian MBA salaries are now in the same range as those offered to grads of the top US business schools"
This is factually wrong.
This is the link to the website of that same institute.
http://www.iimahd.ernet.in/newsdetails.php?iNewsid=143
The avg paycheck of the students placed in India was INR 9,72,000 ie little more than $22000 pa. Less than a quarter of what top bschool grads make in the US. Only about 1/3rd of the grads were placed outside India with an avg paycheque of USD 92500 which is still quite less than what Harvard grads make.
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