Michael Malice
๐ค SpeakerAppearances Over Time
Podcast Appearances
When I was a teenager, my parents had been telling me I should plan for college, figure out where I wanted to go.
Sure.
And I read an article from an economist who I think I worked for the, he think he worked for the Bush administration or Clinton, I can't remember which one.
And it's a story I've told on this show where he said something to the effect of, if you went to an investor and said, for $40,000, after four years, you will owe me $40,000 plus interest, do you think the investor would take that deal?
They're going to, absolutely not.
And that's what we're telling everyone to go into college for.
Right.
That was the basis by which I said,
This doesn't make much sense.
He elaborated by saying that if you started at 18 years old working at McDonald's, after four years, on average, people find themselves as shift supervisors or sometimes assistant managers, and you will have saved on average $10,000, whereas the college grad will get out after four years with nothing.
On top of that, so that's usually where I stop and tell the story.
But he went on to say additionally that college, the problem with college is that in order to actually thrive, your IQ needs to be an axis of 110.
Unfortunately, we are telling people with IQs ranging from 95 to 105.
And what happens is they may memorize words that you asked them to, but their brains can't process the connections between the data.
So let me tell you why I'm in favor of the SAVE Act.
When Dick Durbin goes, well, it's going to make it very hard for people to register to vote because sometimes, you know, your ID doesn't qualify.
I say, stop.
You had me at it's gonna make it harder to vote.
Thank you and have a nice day.
So what the Democrats rely on is that people who are either incapable of registering to vote or disinterested in voting in general are made to vote.