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0 pointshammock4y ago0 comments

College was once to be reserved for the rich elite.

But central bank and government policies starting in the 70's gutted US manufacturing and took away most of the non-information worker jobs - so there was little else for the middle class to go for a career except first to college.

Hence today.

However, today it's easier than ever to live off the nanny state WITHOUT a career.

What should the role of college be today?

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matt_mb4y ago

>However, today it's easier than ever to live off the nanny state WITHOUT a career.

In what way?

hammockOP4y ago

Welfare payments supplemented wages by about 8% in 1960.

That figure has risen to about 36% today, a 3.5x increase.

Chart: http://www.mygovcost.org/wp-content/uploads/2011/03/governme...

Source: http://www.mygovcost.org/2011/03/14/the-u-s-as-welfare-state... (the first random example I found on Google)

_moof4y ago

This chart includes Social Security and Medicare. I don't think it makes sense to include retirees in a data set when making an argument about "welfare."

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noasaservice4y ago

Like the way corporations do, I guess?

PPP was a boon - 'Here is a loan that converts to freebie money for millions of companies'. Where'd the money go? Buying Lambo's and the like.

Or, when can I get a tax abatement for 10 years? COmpanies can because of this mythical 'they create jobs' tripe.

Just look up corporate welfare. And if I was permitted to, I would.

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