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The wages were too low. The skilled spaniard fled the country.

Combined that cuting spendings in education.

And now act surprised at the result.




> Combined that cuting spendings in education.

I highly doubt they were cutting spending to CS courses and medical programs.

More education doesn't solve the '5 million people unemployed' problem. Having the right education is what matters. That often doesn't require throwing more money at the problem. Especially when the vast majority of education financing goes down administrative black holes.

Just saying 'cutting spending = bad' is about as baseless as this article claims that the problem is lack of employable people when the problem likely involves issues with training/salary and other nuanced issues.

Jumping to quick correlations like 'all education = good' this is how massive mismatches in education/market demand happens in the first place.


> Just saying 'cutting spending = bad' is about as baseless as this article

I'll grant you that. But Spain is the country who was in the top 5 countries in solar RD in the 200x, a lot of education program in that sector for instance.

The cutback were mishandled/misplaced. The Spanish government purposefully pushed to have low skilled labor as they intended to compete with Turkey on manufacturing. The thing is, that not what the market wants so it unbalanced it further.


Yeah, but that's the intoxication you can hear in the Spanish media all day long. How the next politician is going to solve everything by throwing money everywhere... you can see how a society that readily swallows that crap can't be very skilled at doing any kind of work.


Very few Spaniards are skilled enough to "flee" the country, let alone speak enough English (or any other language) to be able to work abroad. Wages are low because both companies and workers are not very valuable. Companies are not adding enough value to pay good workers and good workers are extremely hard to come by anyway.




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