WHAT KRUGMAN MISSES IS THAT IF THEY ONLY WORKPLACE AVAILABLE TO THE AMERICAN COLLEGE GRAD...IS THE BURGER KING OR THE MICKYD'S...
THERE IS LITTLE THAT CAN BE ACCOMPLISHED...
ALL THE FACTORIES ARE IN CHINA...AND WITHOUT FACTORIES...ENGINEERING IS JUST THEORETICAL "BOOK WORK" FOR AMERICAN ENGINEERING STUDENTS...
THE BEST LEARNING IS DONE IN THE WORKPLACE...AND INCREASINGLY AMERICANS ARE BEING PUSHED INTO THE LOW WAGE, LOW VALUE ADDED SERVICE SECTOR...
EDUCATION IS A WONDERFUL THING...BUT SADDLY IT IS NOT AT THE CORE OF AMERICANS CURRENT PROBLEMS...AS KRUGMAN ERRONEOUSLY ASSUMES.
