TED Talk
Filmed: March 2011
Speaker: Bill Gates
URL: http://www.ted.com/talks/bill_gates_how_state_budgets_are_breaking_us_schools.html?utm_source=newsletter_weekly_2011-03-08&utm_campaign=newsletter_weekly&utm_medium=email
Summary: America's school systems are funded by the 50 states. In this talk, Gates says that state budgets are riddled with accounting tricks that disguise the true cost of health care and pensions and weighted with worsening deficits -- with the financing of education at the losing end. Must it come down to choosing between the old or young?
Bill Gates is one intelligent individual. I think we should listen to, well… everything he just said. I liked how he presented the budget dilemma in terms of investing in the elderly versus investing in the youth. In a way, it breaks down into a question of quantity versus quality. It seems that we, according to the budget, are more interested in extending a few years of life to our own generation instead of enhancing the future of the generations to come. This shortsightedness could snowball pretty easily.
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