November 24, 2008
The financial firms were first, now it's the automakers. We hear estimates of anywhere from 1 million to 3 million jobs at stake, and other industries are lined up to make their own claims about their importance to the long-term health of the economy. President-elect Obama has responded forcefully, unveiling a plan to put up to 2.5 million workers on the federal payroll by January of 2011, putting them to work on infrastructure and energy-related projects. These are terrific steps - the appointment of Timothy Geithner as Treasury Secretary is another - but in the course of these discussion it's time we focused on yet a different danger that is involved in this general economic crisis. I am referring to the danger to America's system and tradition of higher education.
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