Submitted by Charles Hugh-Smith of OfTwoMinds blog,
With an unofficial tax rate for healthcare and college tuition that makes Scandinavian countries look like low-tax havens, no wonder the middle class in America is vanishing like mist in Death Valley. The political class is now bleating about the erosion of the middle class and rising wealth inequality. There are two primary sources of rising inequality in America: the Federal Reserve and the higher-education and healthcare cartels that so generously fund the campaigns of the bleating politicos.
Higher education needn’t be a bloated, ineffective, obsolete, morally bankrupt cartel: we could have a Nearly Free University system that is available to all.