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Following Up on the Financial Crisis

August 15, 2011

In the wake of last week’s column, “Education and the Financial Crisis,” in which I referred to investing mogul Wilbur Ross’ proclamation that the U.S. economy is failing in part due to our inability to educate workers in the fields of science, technology and engineering, BBC News printed this article with the headline, “BP Cannot Find Skilled Workers.”


Apparently the root of our financial woes have not evaded our partners overseas. While the term “global economy” is tossed around like a game of catchphrase these days, it is undoubtedly a concept of growing importance. We must not look out our domestic troubles as confined by geographic borders. What affects us, affects us all. And where there is a dilemma abroad, means we should take note in looking for solutions at home. The final two paragraphs of the BBC post read as follows…


“Oil and gas companies are expected to create some 15,000 new jobs in the UK over the next five years, according to the latest research from the industry body Opito.

But it also said that more than half of the 144 companies surveyed cited attracting appropriately skilled staff as their number one challenge.”


How can that be? While the unemployment rate isn’t quite as bad in the UK as it is stateside, this should still be a sign that our (global) education system is failing its students.


It’s time the entire system had a makeover. We must rewrite a new curriculum from scratch. The key this time is simple – it’s all about relevance.


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