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"After all with little more than a high school diploma & some fake certificate, any chunky local kid can even dream of making several hundred $K selling himself as City Manager!"

YES!!!!!!
You hit the problem. And than finally we all have a major problem. If they can not even a simple question what is 1.768% interest of $ 1234456789. But Americans are happy with their downfall. They like to spoil their kids. But the problem is addressed. Like this teacher described it very well:

The only US teacher I like is this guy. He spokes the truth, nothing else than the truth. I bet you. Entire Collier County School Organization has no ONE of his format! David McCullough Jr. addressed his students:

"Don't believe you were something special." "You are not!!." These words has an English teacher in the United States given with his elite high school graduates on the way - and since then has a star on the net. The speech gave David McCullough Jr. already on June 1, 2012 at the graduation ceremony at the Wellesley high. McCullough wanted to open the graduation class of State school in a well-heeled suburb of Boston's eyes before he fired it into the wide world. And he was no great effort, nice to pack his message: "You were pampered, spoiled, overwhelms, protected and stuck in bubble wrap" he said to the students prior to their families and friends, and the assembled school. "You were celebrated and courted and called 'Sweetie'." But the truth is: "You are not particularly." You are not outstanding at all. The teacher leaning on a wooden panel with both hands, the reading glasses slipped him almost from the nose when he caricatured American parents who think it too well with her children, and the company criticized for their hollow aspiration after awards. "If everyone gets a trophy, trophies are meaningless," he said. "We Americans are more recently to our detriment, more in awards in love as in real achievements." "To be a trophy on the mantelpiece is willing to lower the standards and ignore the reality..."

I like this guy. Give him an award. First time I hear from an American teacher the truth about Americas education situation. Time to change.
Great President Barack Obama is on the right track. But Americans parents will never listen. Specially at Lely High School.