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It should also be noted that responding to an article about poverty by talking about 401K's is, like most things, a political act. Most people do not have their ideology shaped by reading New York Times or Wall Street Journal editorials.
Suze Orman, Dave Ramsey, Mike Rowe and Robert Kiyosaki have done far more to deny the very real and lived experiences of stagnant wages and vanishing opportunities than Cafe Hayek ever could. By that same Token, shows like 24 and movies like Zero Dark Thirty have warped our foreign policy about as much as the Weekly Standard. Political outcomes are often times a result of culture. Politics is far more than D's versus R's.
Now if you are doing alright, you've a striver who has broken into the periphery of the professional and managerial class, by all means fill up that 401k. Tend to yourself. To that end, however, you should have a very self interested reason for caring about broader political and economic issues. You might want to start your own business, you will need customers with disposal income to make that work out for you. Let's say you bought a home, you'll want good schools and parks to raise your property value. Let's say your new house is pretty far from your good job (you lived within your means and you "drove until you qualified"), wouldn't a great metro wide high speed rail system be great? You pay your bills on time, don't you want a fair credit report to reflect that, shouldn't the credit bureaus be liable if they allowed your identity to be stolen and your credit ruined.
At nearly every turn you take in life, you need socialist structures to allow you to realize the bourgeoisie promise that thrifty, industry and diligence will be rewarded.
Suze Orman, Dave Ramsey, Mike Rowe and Robert Kiyosaki have done far more to deny the very real and lived experiences of stagnant wages and vanishing opportunities than Cafe Hayek ever could. By that same Token, shows like 24 and movies like Zero Dark Thirty have warped our foreign policy about as much as the Weekly Standard. Political outcomes are often times a result of culture. Politics is far more than D's versus R's.
Now if you are doing alright, you've a striver who has broken into the periphery of the professional and managerial class, by all means fill up that 401k. Tend to yourself. To that end, however, you should have a very self interested reason for caring about broader political and economic issues. You might want to start your own business, you will need customers with disposal income to make that work out for you. Let's say you bought a home, you'll want good schools and parks to raise your property value. Let's say your new house is pretty far from your good job (you lived within your means and you "drove until you qualified"), wouldn't a great metro wide high speed rail system be great? You pay your bills on time, don't you want a fair credit report to reflect that, shouldn't the credit bureaus be liable if they allowed your identity to be stolen and your credit ruined.
At nearly every turn you take in life, you need socialist structures to allow you to realize the bourgeoisie promise that thrifty, industry and diligence will be rewarded.
