One of the most important principles of our country is equal opportunity — commonly called the American Dream. When you lose that, you lose everything.
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4 Comments
Or “wealth distribution” As I have said before, having had a free college education from my family(at $150 a semester), I moved to California and saw the results of free college education from the state for disadvantaged worthy students. It was that point while I argued by letter with my grandfather that I realized I was a flaming liberal for the good of the country. Then the state elected an actor named Reagan who read his lines well. The state/the country has been going downhill ever since.
And my Republican tax clients who could well afford to send their children to state college, allowed their children to go into debt which made them stronger, except it just overburdened them. I made sure my children had free college education. All three went. Only one graduated. All are very successful, not having started with that crushing debt.
Fascinating to compare us to Holland: A true welfare country. How they have thrived compared to us.
I don’t know where I read it but I saw an article which talked about economic mobility. This is basically “the American Dream” where if you work hard enough you can be as successful as you want.
But the study they mentioned showed that it was either very difficult or simply very unlikely for that to actually happen in America. And ironically the country it was most likely to happen was Germany.
Didn’t you mean “principles?”
I grew up in WA state, then moved to San Diego to go to college (and ended up staying for 13 years before returning to WA). After one year of out of state tuition, I was (after a calendar year as it turned out) eligible for in-state cheap tuition. I got the tail end of that cheap tuition ride. It took me several years working full time to get through school at SDSU, but I did it with very minimal education debt. So it can be argued that the cheap tuition which left me with little debt to service put more disposable income into my pockets which helped the economy.