Since the 1960s there has been a fairly steady percent of the
population that drops out of high school...about 11%. Of course that percentage is higher among blacks and much higher
among Hispanics.
My comment in this blog is that our whole society pays far more
attention to that 11% of people who voluntarily drop out of high school, showing concern for them for their whole life, than we
do to the 89% who don't.
We need that 11% to drive trucks, buses, wash dishes and do a
dozen other available jobs that don't require much education. But we don't need to focus all our sympathy and political concerns on them.
What is amazing is the significant wealth that is now accumulating
among the people who complete high school and the astounding wealth of those
who complete college.
More than 400,000 American families earned over $1 million last
year, (based on my projections of California Income Tax data from two years
ago) and 1,500,000 American families earned over half a million dollars.
That is one hell of a lot of money walking around the streets.
There are a million and a half ordinary Americans earning over half a million
dollars. This explains the price of housing, for me, and the astounding sales
of luxury goods.
Why can't we learn more about these prosperous people? Why can't there be more focus on the
incredible personal wealth that this country creates for ordinary people?