Billionaire goes rogue, admits policy not schools destroyed middle class

Billionaire goes rogue, admits policy not schools destroyed middle class

The reason (billionaires say) we have stagnant wages, persistent poverty, shortages of skilled labor, and income inequality is that our public school system is obsolete. Hanauer believes that while “educationalism” (the notion that education creates wealth) sounds logical, the only practical way to restore the middle class is through public policy that increases worker income, specifically:

Increase the minimum wage. If billionaires and their political lackeys continue to demonize public schools rather than change public policy to favor workers, an accelerating collapse of the middle class will create even more cynicism and anger, and, eventually, a revolution.

Source: www.inc.com