[villagerjack]

Originally Posted by JourneyOfLife

Here is an interesting documentary presented by American economist, author and professor Robert Reich.


"Inequality for All"


It can be viewed on netflix (streaming)

Before you get your political hackles up, be a little open minded.


Inequality for All - Wikipedia, the free encyclopedia




It does have some political overtones. But it also describes why our economy has suffered over the last 35 years.

The two main issues: Globalization and Technology.

No major economist disputes the effect of these two forces on the middle class.

You may not agree with every point made.... but trust me, it is very very interesting.

Some of the points made, no one can deny. The best solutions are often debated.

His main fix: Education. The problems is, fewer people can afford it.


From an economic stand point, as middle class wages shrink, our economic engine sputters since our economy is consumer driven.

There is a rich vs middle class discussion. It is not a rant and it definitely cannot be disputed.

Bottom line: as wealth collects at the top, the top only spends so much on stuff. As the middle class spends less, our economy suffers.

His view on the "class warefare" hyperbole and "job makers" are interesting too.

No matter where one is on the topic, they will find it interesting and educational.

Cost of education rose primarily because of easy access to government loans ...to support primarily Liberal Colleges and Universities.