The GI Bill built this country after WWII.Made possible by capitalism.
The GI Bill built this country after WWII.
Please read any article you find about the GI Bill and let me know if you find one that does not agree with my statement. Without it we could have easily had another "great depression".Say what? The second phase of the industrial revolution began in the U.S. around 1850 and exploded between 1890 and 1910. By WWI we were already the powerful nation and economy.
The GI Bill built this country after WWII.
Say what? The second phase of the industrial revolution began in the U.S. around 1850 and exploded between 1890 and 1910. By WWI we were already the powerful nation and economy.
You know what else helped form the middle class and what is a large part of why there was such a big economic boom in the United States?
We bombed the crap out of Europe's economic capability for 5 years.
Until the GI Bill was passed into legislation only the wealthiest Americans could send their children to college. The original bill helped to produce 22,000 dentist, 67,000 doctors, 91,000 scientist, 238,000 teachers, 240,000 accountants, and 450,000 engineers. Most of these veterans could not have attended without the GI Bill. Add the impact of being able to acquire low interest loans to build homes, you are talking about the building of a middle class that did not exist previously. Most researchers will suggest that this piece of legislation had the greatest significant impact on our growth as a country. We know what happened after WWI and it wasn't pretty. Roosevelt and other elected officials did not want a repeat.Not really.
No doubt it helped to jump start a post war/depression economy by helping to pay for educations and low interest housing loans, but to suggest the GI bill “built the country” is....kind of, absurd.
Please read my response to "Raleigh". Most writers and researchers of the this legislation do not agree with your assessment and I don't either!As has been stated, we (the United States) were in a great position to take advantage of a situation at the end of WWII where essentially ever other country that produced manufactured goods had been, effectively, destroyed. The educational component of the GI Bill had an insignificant impact of what occurred in the U.S. Economy from 1945 through 1955.
European countries also had extraordinary GDP growth after the war. Their's was based on rebuilding, ours was based on expansion. Immediately after the war, we had significant GDP contraction. This was due to the fact that we were no longer building planes, tanks, ships, and everything else that goes into war, however, that reduction in government spending was quickly replaced by consumer spending.
We had full employment, the emergence of the two income family, etc. Again, none of that was based on the government paying for some people's college. I have nothing against paying for education for veterans, quite the opposite, I am 100% for it. I feel this way because I view it as part of their compensation for serving, so it's an earned benefit. If a kid wants to go to college and can't afford it, join the service and earn the benefit.
Until the GI Bill was passed into legislation only the wealthiest Americans could send their children to college. The original bill helped to produce 22,000 dentist, 67,000 doctors, 91,000 scientist, 238,000 teachers, 240,000 accountants, and 450,000 engineers. Most of these veterans could not have attended without the GI Bill. Add the impact of being able to acquire low interest loans to build homes, you are talking about the building of a middle class that did not exist previously. Most researchers will suggest that this piece of legislation had the greatest significant impact on our growth as a country. We know what happened after WWI and it wasn't pretty. Roosevelt and other elected officials did not want a repeat.
A number of dem politicians are pointing to the euphoria as a means to justify their calls for a "free" education. I'm all for higher education, waaay more for skills training, but they're focusing on the wrong part. If they dial in on why degrees cost so much & serious education reform, the public might be more willing to take them seriously.And philanthropy.
If they dial in on why degrees cost so much & serious education reform, the public might be more willing to take them seriously.
Some of the things he says in that are just flat false, GK. It has nothing to do with ideology.
The GI Bill had absolutely nothing to do with the underlying reasons for the economic expansion of the post-war era. Why were loans cheaper? Massive amounts of liquidity in the market. Not because of the G.I. Bill.
Also is just flat untrue to say that only the wealthy got to go to college before the GI bill it's just asinine.
Lots of poor people went to college before the end of the second World War.
Besides my GI bill was a joke since I was under the post-vietnam one. Starting in 2002 I got $600 a month. You think that paid for any of my education?
A lot of people think the GI bill actually pays for your college, and vets go to college for free, but it does not. It is a block grant of cash into your bank account.
I know it's easier just to dismiss things by saying it's an ideological thing.
Some of the things he says in that are just flat false, GK. It has nothing to do with ideology.
The GI Bill had absolutely nothing to do with the underlying reasons for the economic expansion of the post-war era. Why were loans cheaper? Massive amounts of liquidity in the market. Not because of the G.I. Bill.
Also is just flat untrue to say that only the wealthy got to go to college before the GI bill it's just asinine.
Lots of poor people went to college before the end of the second World War.
Besides my GI bill was a joke since I was under the post-vietnam one. Starting in 2002 I got $600 a month. You think that paid for any of my education?
A lot of people think the GI bill actually pays for your college, and vets go to college for free, but it does not. It is a block grant of cash into your bank account.
I know it's easier just to dismiss things by saying it's an ideological thing.
Do you really believe it wasn’t ideology that prompted the “capitalism” remark? And Bankers dismissing the value of the GI Bill using the industrial revolution?
I did not dismiss the GI Bill by using the industrial revolution. I dismissed the false narrative that claimed the GI Bill "built this country" after WWII. It was a hyperbolic statement in that this country was already a world superpower prior to WWII and, if anything, the effects of the war itself, accelerated that position.
That and the VA wants to get people hooked on mind altering drugs and give them pills upon pills.The original GI Bill did pay tuition until 1956. Rewrites of the Bill only paid a monthly subsistence check until the current law was passed in 2009 reinstating payments for tuition, books and supplies. Innkeeper, over 40% of veterans from the Iraq and Afghanistan war are receiving Service Connected Disability compensation. It has been increasing for a number of years because of the protracted engagements and multiple deployments. Please review the following information about the impact of the GI Bill on Higher Education in America: https://www.worldwidelearn.com/education-advisor/indepth/history-higher-education.php . I invite any of you that are questioning this to reference any web article you can find to support your stance. I have provided accurate data and information from reliable sources. I am a veteran and worked for VA over 30 years. My father was a WWII veteran but could not take advantage of the educational provisions of the original GI Bill because he returned to his old job. He did use the home loan provision. The GI Bill enabled me to complete a Masters Degree and eventually become employed as a Counseling Psychologist with VA's Vocational Rehabilitation program. I was extremely fortunate to have this opportunity. It was a great job and I learned a great deal from the folks that gave so much to our country. Banker, we were going to have another great depression, if not for this legislation. We did a very poor job after WWI and it eventually led to the great depression. Roosevelt and other elected officials did not want to make this same mistake. The housing boom, educational opportunities, and upward mobility provided by this legislation is unmatched in our history.
Not sure where you are getting information about mind altering drugs. That was not my experience. I retired in January 2009 and things do change. I do find that statement hard to believe. The industrial revolution certainly had a positive impact. I’m suggesting the GI Bill provided more people with the tools to grow our economy exponentially and it continues today! We did not have a large middle class until then. The GI Bill has allowed common folk the opportunities to learn and grow that was not available until then.That and the VA wants to get people hooked on mind altering drugs and give them pills upon pills.
I know it it way up high and not you, but as a nation we should be ashamed of the way the veterans are treated.
Anyway back to the GI Bill.
GI Bill certainly a big factor proving help to folks who might not have gone to college, but I don't know how you equate it to the Industrial Revolution and we were the big boy standing after WW2. Germany and Japan were basically pummeled and we "occupied" them for a period after the war. Germany was split in two and was half commie for 50 years or more. Great Britain had to rebuild. France as well. We were in the drivers seat. Then got in arms race with the Soviets.
Common folk went to college before 1950. I'm not sure where you are getting this info that the Ivy League was the only higher educational option prior to the G.I. Bill. America was not Britian.
Also, the idea that there was not a large middle class prior to the post-war boom is also incorrect.
wow, you are not biased. Game on then. You sound like a typical government bureaucrat and clock puncher.Never said the Ivy League was the only higher educational option prior to the G.I. Bill. Please do not put words in my mouth. I stand by my comment that Higher education, prior to the bill, was predominately available to the upper class. After the Bill, other programs were developed to help non-vets with limited resources to acquire a higher education, i.e., student loans, promise scholarship, pell grants, etc. Again, researchers and journalist have well documented the impact of the G.I. Bill on increasing the middle class and it's impact on creating more educational opportunities for everyone. Sorry for being such a pain for your point of view!
The middle class is shrinking today and we can thank conservative politicians that do not want to spend money on infrastructure, education, health insurance, or anything that might help those with limited resources. We are the richest and best country in the world and can do better.
Never said the Ivy League was the only higher educational option prior to the G.I. Bill. Please do not put words in my mouth. I stand by my comment that Higher education, prior to the bill, was predominately available to the upper class. After the Bill, other programs were developed to help non-vets with limited resources to acquire a higher education, i.e., student loans, promise scholarship, pell grants, etc. Again, researchers and journalist have well documented the impact of the G.I. Bill on increasing the middle class and it's impact on creating more educational opportunities for everyone. Sorry for being such a pain for your point of view!
The middle class is shrinking today and we can thank conservative politicians that do not want to spend money on infrastructure, education, health insurance, or anything that might help those with limited resources. We are the richest and best country in the world and can do better.
Massive amounts of liquidity in the market. Not because of the G.I. Bill.
Only 2.2 million WWII veterans used the GI Bill to go to college. The vast majority that took advantage of it, 5.6 million, used it for trade school.
Don’t take it so personal. I am stating an opinion and do not expect most on this board to agree with me. Your comments about “bureaucrats & clock punchers” gives you away! I enjoyed my work, found it rewarding, and count it as a great blessing in my life. Most of the folks I worked with were dedicated and loyal to the veterans we served. Your comments cannot alter that.wow, you are not biased. Game on then. You sound like a typical government bureaucrat and clock puncher.
By the way, the nimrod Democrats led by Schumer and Pelosi don't want to sign an infrastructure bill either. They just want to still cry about Russia. So, move on, from there. How long did Democrats control things and the VA was still a pile of steaming red dung tape.
You can't be serious that it is all conservatives fault? Good Lord.