isn't there some personal responsibility to teach yourself these things and not be stupid? Why do government funded schools have to teach people everything? And what subject will we cut to teach these things?
Couldn't that same argument be used against anything we currently teach in school?
The obvious answer to your first question is: It has severe detrimental effects to our society, and we'd all be better off if people were taught the basics.
> Why do government funded schools have to teach people everything?
I don't know any government funded school... do you? Beyond this, people need financial knowledge to make better decisions since finance skills are required on a daily basis in the modern world.
The obvious answer to your first question is: It has severe detrimental effects to our society, and we'd all be better off if people were taught the basics.