When I went to college in the 1950s, tuition and state universities could be handled with summer jobs and a part-time job during the school year. Now, only children of wealthy parents can afford to go to college without taking on huge loans.
If you have high loans when you graduate you must delay marriage, buying a car, buying a house, and many other things.
This is especially true for minority families. The Institute for Public Studies reports that the medium wealth of African-American families is $3,600, or 2 percent of the medium wealth of $147,000 of white families, and the medium wealth of Latino families is $6,600 or 4 percent of the white families.
This great inequality — getting worse each decade — is because for the last four decades Republicans have given big tax cuts to the very rich and corporations. Not only do these corporations not pay taxes, they receive big subsidies from the taxes the middle class pays.
Why do very rich Americans work so hard to cheat our government out of paying their share? Why don’t people complain about tax breaks going to the rich? Why are people always complaining about the little programs for the poor and middle class? I guess it’s because the rich have good propagandists that get their point of view across while the middle class view is smothered.
What are the wealthy doing about climate change? I guess they think their wealth will save them from flooding, droughts, fires, vegetation loss and other climate change problems.