| "Harvard Prof. Elizabeth Warren said: "There have never been since the Depression so many families standing right on the edge. Families have tightened their belts. They have cut down in every discretionary spending area they possibly can.""
I read one of her earlier books written with her daughter and the interesting thing is they started with single-income households and then discussed a few women entering the workforce to provide more materially for their households including the ability to move to better school districts. These households held a competitive advantage in terms of money but had less to fall back on in the case of emergencies such as taking care of sick relatives or getting a job for short-term financial gain.
Of course competitive advantages often disappear as others figure out to get the same thing.
On schools: fix the families. You'd have to pay college tuition rates with boarding schools to provide an adequate education on an even footing. |