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|User Info||Proving Up The Fraud Using 3rd Grade Math; entered at 2011-10-11 10:05:03|
I've been thinking of this with respect to education. With 4 kids if I assume a cost of $40,000 dollars a year for tuition, I have to produce 2.5 a 3 million dollars of services in my business before expenses and taxes are paid. This is assuming I pay for their college expenses and no loans are involved. The people that buy my services have to produce probably a combined 12 million dollars of sales at their respective jobs. Makes you start to think that the education bubble or ponzi has to blow soon. If tuition is paid with loans then the numbers get only much worse. So much will have to be produced by a society just to pay for "education". Doesn't make any sense, mathematically.|