Wonder Which Country Will Come Out Ahead on This One?
There is simply no priority higher for the Republican party than enacting tax cuts for the wealthy. They honestly, if stupidly, believe that this is the way to economic growth, and it just happens, coincidentally to reward to financial stalwarts of the party. Elimination of the Estate Tax, for example, could save Presidential candidate Mitt Romney over $100 million in taxes. Of course, that’s not why he would do it, it’s for the children.
By the end of 2015 more than 100,000 Brazilians—half of them undergraduates, half doctoral students—will have spent a year or so abroad at the best universities around the world studying subjects such as biotechnology, ocean science and petroleum engineering which the government regards as essential for the nation’s future.
The cost, well over $1.6 billion. The source of the money, well it surely wouldn’t be coming from businesses and it surely wouldn’t be coming from taxpayers. Actually, it would.
That will cost 3 billion reais ($1.65 billion), a quarter of which will come from businesses and the rest from the Brazilian taxpayer.
And where will many of these students go? Why to the
United States of course, where they will pay full price for their education, thus relieving taxpayers of even more burden so tax cuts for the wealthy can take place. U. S.
Foreign universities and governments are leaping at the chance of teaching Brazilian students. The
United States has already signed up to take 20,000; Britain, France, Germany and will take 6,000-10,000 each. Laggards are scrambling to attract the rest. The Brazilians will pay full fees. Italy
And after the U. S. has educated these students, they will of course return to their native country where they will be more than able to compete with the
in terms of the world economy. U. S.
Those Brazilians who have foreign degrees have had a disproportionate influence back home. In the 1960s and 1970s the government paid for PhDs abroad in oil exploration, agricultural research and aircraft design.
is now a world leader in all three fields. Brazil
And of course every slot taken by a foreign student means one less slot for a
U. S. student unless the U. S. schools use the extra money and government raises its support of higher education to place more residents into the elite schools. Yeah, like that’s what they are going to do. U. S.