What Mr. Reich says has more than a little truth. There is a string correlation between education and income. However, it is an incomplete analysis. We need to look at what causes people to drop out of the educational process. Single parent households, race and peer groups are strong factors here. More emphasis on education is not the answer to this part of the problem. Addressing the underlying factors such as single parent households - encouraged by the Aid to Dependent Children Act - is a critical starting point.
We also need to look at why good paying jobs are not more available in the United States. Having both the highest corporate income tax and the highest tax on repatriated profits in the entire world is certainly a major contributor.
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