08-01-2018, 07:44 PM
(08-01-2018, 05:15 PM)fredtoast Wrote: Okay then. Middle class wages have been stagnate for decades. Their wages when adjusted for inflation have not grown since the 1970's yet costs of education and health care have grown at a much higher rate. So how does the middle class (not just an individual, but the entire middle class) overcome that obstacle?
Its more than one obstacle. Its whatever obstacle is in a person's way to bettering their position economically speaking. For some it can be as easy as changing their spending habits, for others there are more complex or a greater number of obstacles that may be in their way. But each person needs industry and perseverance to figure out what that is and to figure out how they can overcome. For some, they won't be able to do it without help. We need to be teaching our kids to problem solve, to think for themselves, how things like debt, interest and money work, and how they can make their way despite setbacks and obstacles. And how it doesn't matter what someone else has because there will always be someone with more than you.
