I am a big fan of the Louisville parent and grandmother Lenora Yarbrough. She comes out to every school choice/charter school event I have been to. Mrs. Yarbrough is one of the most well spoken & energetic people that speak about this subject! She was also featured in our other videos Virginia Walden Ford (November 2009) & Charter Schools: A Change KY Needs (March 2011). This excerpt clip is also part of our video Blacks Falling Through Gaps (June 2012).
For those who believe in the power of free markets and individual choice to guide society toward ultimate prosperity, a milestone event is quickly approaching. Friedman Day 2012 is on July 31st, and this one is going to be bigger than ever – because that day will be Milton Friedman’s 100th birthday.
The Bluegrass Institute will host this historic event at the University of Louisville following last year’s sold-out success. This year the Institute is going to pull out all the stops to honor not just Milton Friedman, the man – but more importantly, the ideas of Milton Friedman that have enabled the free world to enjoy the kind of prosperity previous generations never could have dreamed of.
So Mr. Friedman, why are free markets such a miracle?
“The free market enables people to go into any industry that they want; to trade with whomever they want; to buy in the cheapest market around the world; to sell in the dearest around the world. But most important of all, if they fail, they bear the cost. If they succeed, they get the benefit and it’s that atmosphere of incentive that has induced them to work, to adjust, to save, to produce a miracle. This miracle hasn’t been achieved by government action – by someone sitting in one of those tall buildings and telling people what to do. It’s been achieved by allowing the market to work.”
- Read about the Affordable Care Act (Obamacare) on FreedomKentucky.org
- Join us in fighting against socialized medicine
- Read our recent policy brief discouraging a costly state health care exchange
According to a new release from the Heritage Foundation, Kentucky has even more reason to defend its energy sector from the Environmental Protection Agency than thought previously.
Over the time period 2005 to the present, which includes the 2008 financial crisis, the states that have been most resistant to the economic collapse have been the energy-producing states. North Dakota, West Virginia, and Wyoming, some of the most significant energy-producers in the U.S., are all in the top five for increases in median household income.
Kentucky ranks a respectable 15th in the nation with a .6% increase in median household income since 2005. Compare this to neighboring Tennessee, a state without the natural resources of Kentucky or West Virginia. Tennessee ranks third to last in the nation with a net change in median household income of -12.1%.
The battle for state sovereignty over Kentucky’s energy sector is not just about protecting coal miner jobs and the Kentucky coal industry. Its about securing the economic vitality of the commonwealth.
Williams hits a number of hot buttons:
• The critical need for school choice is no longer something only conservatives and Republicans favor. Reacting to the obvious shortcomings in our schools, “cutting edge” Democrats are starting to come on board, as well.
• Technology can help.
• Empower parents to find the best educational option for their child by putting the dollars in the parents’ hands, not the politicians’ hands.
Plus more. Check this video out.
It was a major promise of the Kentucky Education Reform Act of 1990. Our kids would be better educated for the world of work.
Still, more than 22 years later, the Community Recorder newspaper in Kenton County reports: “Manufacturers struggle to fill jobs.”
And, the article points to education as part of the problem, saying:
“Even with a regional unemployment rate of 7.5 percent for the month of May, manufacturers around Northern Kentucky have high-paying positions that go unfilled because they’re having a hard time finding workers with the skills necessary to do the job.”
However, the article really doesn’t bring out how our under-performing public education system is a major contributor to unfilled manufacturing jobs, so let me add some information.
The latest available data from the Kentucky Council on Postsecondary Education regarding remedial course requirements for recent high school graduates entering the state’s two-year Kentucky Community and Technical College System’s institutions show far too many grads, on average nearly 40 percent, don’t get the education they need from the state’s K to 12 system.
If we really want to open up manufacturing job opportunities for our kids, we have to recognize and remove those K to 12 school system deficiencies that make it very hard for students to get the postsecondary education critical to obtaining those jobs.