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I think it's important we return the issue of trade imbalance back to the table. I also think it's important, as Reagan pointed out, to stop thinking in terms of competing for scarcity. Every meaningful shot in the arm our economy had coincided with leaps in technology and new markets/ industries being birthed.
Robber baron BS of CEO's being rewarded for bankrupting their corps needs a painful death & harsher treatment in the eyes of the law for white collar crimes. Parity tied to company production needs to be established somehow, but how that would get implemented is the devil in detail. Robin hood mentalities that funnel money around in surreptitious government plans... I'd much rather see the working poor get the money directly from employers and up/ off gov't program eligibility.
Leave your snide little comments at home, they only make you look immature.
I agree, not everybody has the ability to go to college because of disabilities, circumstances, etc. There is nothing wrong with that. Those people however shouldn't reap the rewards of a higher income when they market themselves and their abilities in the market. Just as you said not everybody can be college educated, the polar opposite is that you can't expect everybody to make the same to do different jobs with different levels of expectation and risk. You have to find the middle.
The system we have in place for the most part is in the middle.
no....there is no middle when 1% controls such a large amount of wealth. The middle class, whats left of it, is disappearing.
This idea that it is only wealthy people go to college is complete bull.
No one ever said that. don't put words in my mouth. It was in the context of people with no money having the financial ability to just go to college. It's not realistic for some people who can barely make the bills and have no co-signers for loans. The argument was not everyone is on level ground not that only rich people go to college.
Grants, low income scholarships, and loans will pick up the rest. Infact, if you stay fulltime student, there are even more benefits coming your ways, specifically at tax time.
I lived in a crap hole house in college and paid 250 a month along with 2 roommates who paid the same. We ate alot of ramen noodles and did what we had to to get by and finish school. We lived without electricity for a couple days at a time.
Excuses are like A-holes, everybody has one and they all stink.
If financial reasons are the only thing you can come up with of why people can't go to school, you are the one living in some alter reality.
Have you ever visited a State University? I laugh now at the stuff we had to do to get through school. Nearly all of my friends did too.
I struggled through school to and lived with 6 people in a 3 bedroom house we paid 180 each for but the idea that grants and scholarships are available in the numbers for anyone who wants to to go to school is just insane. You have to be basically in poverty to even qualify for low income grants. You think a family making 30k with 2 kids has extra funds to help with school and its rising costs? I am not saying that only rich go to school but this idea that anyone who wants to can just get an equal education is pretty far off as well. Not to mention you are completely ignoring the issue of sub par education provided by the public system is lower income areas long before college.
In the United States, wealth is highly concentrated in a relatively few hands. As of 2007, the top 1% of households (the upper class) owned 34.6% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 50.5%, which means that just 20% of the people owned a remarkable 85%, leaving only 15% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth (total net worth minus the value of one's home), the top 1% of households had an even greater share: 42.7%. Table 1 and Figure 1 present further details drawn from the careful work of economist Edward N. Wolff at New York University (2009).
Since when did the loss of most of our good jobs to foreign competition become a "left vs. right" issue?
Oh and by the way, you didn't need a college degree to be in the middle class, when we still made most of the things we bought, right here in America!
And what is the obsession with education as a solution anyway??? All you are talking about is getting an education, so that you can get a job in EDUCATION or medical. Other than that, most people end up going to college for some kind of "experience." Most of them would be better off, staying at home, working full time and saving to pay cash for a house and eventually a car-maybe, instead of going into school loan, car loan and home loan debt!
Last edited by Chef Boyardee; 01-29-2010 at 09:35 PM..
In the United States, wealth is highly concentrated in a relatively few hands. As of 2007, the top 1% of households (the upper class) owned 34.6% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 50.5%, which means that just 20% of the people owned a remarkable 85%, leaving only 15% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth (total net worth minus the value of one's home), the top 1% of households had an even greater share: 42.7%. Table 1 and Figure 1 present further details drawn from the careful work of economist Edward N. Wolff at New York University (2009).
what you wrote is not what is said by the article you cited
The whole graph sounds like the accepted form of wealth redistribution.
Imagine it as a pie graph: the share of resources (wealth) that goes to the rich keeps enlarging while the share for the bottom keeps shrinking.
Wealth redistribution has always existed, it just works for a small minority of people. Trying to correct it gets villified and as a result, nothing happens.
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