Though the U.S. professes to be a democracy on an economic level it is not a democracy it is a dictatorship.
On an economic level it works like this:
If you have money it might be relatively easy to make more money by properly investing your money. But if you don't have money your children mostly won't get educated with a college degree and learn critical thinking which is necessary for becoming financially successful.
Becoming economically successful is less about hard work than it is about applied good ideas. So, what you do with your good ideas in the end is often whether you become successful or not.
For example, a person has a good idea. Then they are fortunate enough to apply their idea to the real world and are financially benefitted from doing this. Then their children have the money to go to college and to at the very least maintain a somewhat similar lifestyle as their parents.
However, if someone is not able (for whatever the reason) to apply their good ideas to the economic world, they will not be able to send their children to college (except by scholarship or student loans) and those children might be stuck back in their parents economic class as a direct result.
And this is even worse if parents were homeless or children are orphans. Homeless children or orphans often don't even finish high school because they have to get some kind of job or money just to eat to stay alive. Then if they have children often those children don't get into college to learn critical thinking to be able to manifest their ideas into financial reality either.
It didn't used to be this way. Companies and the U.S. Government were so flush with cash after World War II that money was invested in the next generation in general much more than now. So, I would say that the changes in the U.S. have changed the U.S. democracy to a dictatorship in regard to financial dealings in this country.
We need to get back to efficiency as a country. We need the new ideas of the next generation manifested economically and that can only happen by reinvesting in our brilliant young minds.
President Obama could not have become a lawyer and neither could his wife Michelle if the government hadn't invested in their student loans that even they could not pay back until their 40s.
How many President Obamas who are children or young adults now will not have the chance to become like him of all races here in the U.S. because of the despotism of economics at present in this country now?
To the best of my ability I write about my experience of the Universe Past, Present and Future
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