If you don't see it, how can you acknowledge it exists at the end of this post?
"Lie number three: Anyone can make it in America with enough guts, gumption, and intelligence. So we don’t need to do anything for poor and lower-middle class kids.
The truth is we do less than nothing for poor and lower-middle class kids. Their schools don’t have enough teachers or staff, their textbooks are outdated, they lack science labs, their school buildings are falling apart.
We’re the only rich nation to spend less educating poor kids than we do educating kids from wealthy families.
All told, 42 percent of children born to poor families will still be in poverty as adults – a higher percent than in any other advanced nation."
No, I will not acknowledge that because it's not true and I don't believe it. I will acknowledge that some people can become financially successful through hard work alone, but not all, and I'd say not even most. Most people can't, that's why you see people working more than one job to pay their bills. If hard work is all it took, these people would be living better than most. The economic system we live and work under was designed off the back of feudalism, instead of serfs and lords of the past, we have economic elites and an entire population of impoverished citizens, the only thing that's changed is the names of the groups. Inherent in its structure is a way for a small group of people to become extremely wealthy and use their wealth to garner more wealth - which is exactly what we see happening today; the overwhelming majority of economic gains going to the very tip top of the pyramid and everyone else fighting for the scraps. The average person working minimum wage has no control over the system which put him there.
The answer? Campaign finance reform and a progressive tax policy that taxes the 0.01% at similar rates to the golden age of capitalism in the 1950's under New Deal legislation. Under these policies, deficits decrease, wages increase, unemployment decreases and prosperity is enjoyed by all citizens at a more reasonable distribution. People can save and spend, boosting the economy.