I appreciate your comment.

My concerns about tax-supported training are: 1) Student-loan debt is $1.3 Trillion and we haven’t scratched the surface on retraining. Training everybody could be two or three trillion more; (2) large numbers can’t be trained to be programmers or medical techs or economists or other available jobs no matter how much you spend; (3) so many classes of jobs are being made obsolete that you could spend $100,000 to train a person and in three years that job is gone; (4) it’s not just the training cost. People have to eat while they’re being trained.

As for the 20% figure, 15% of families are already on food stamps. The bottom 20% of the population has a negative net worth. 40% of the population has a zero net worth. Almost 50% of the population is unable to handle an unexpected expense of $400. I think 20% is low and I expect that with the loss of restaurant and commercial driving jobs, in ten years the percentage of American families that are unable to support themselves will be well over 30%.

That’s not people being lazy. That a social and economic system that’s very sick and getting sicker.

Graduate of Stanford University & U.C. Berkeley Law School. Author of 17 novels and over 200 Medium columns on Economics, Politics, Law, Humor & Satire.

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