Tag: middle class
-
THE WHACK-A-MOLE SYSTEM THE FEDERAL RESERVE USES TO FIGHT INFLATION
June 20, 2023: The Federal Reserve’s policies of raising interest rates to slow down the economy increases the cost of goods and services including food, clothing, shelter, and jobs. Middle-class Americans and the poor are already desperately struggling to survive in our economic system. Higher interest rates have added to escalating rates of child poverty,…
-
GREED AND POWER CREATED A SYSTEM THAT BLOCKS ADVANCEMENT
June 10, 2023: When I was visiting schools in India, rich and powerful people were afraid of an educated populace who would demand a say in how the country was run, and want a piece of the economic pie. They worried that educated people would take their power. In the USA, there were similar concerns…