Monday, March 27, 2006
Private Savings Accounts
Sounds like this won't work until everyone is more educated.
Perhaps "the rich get richer" saying is really true...
Perhaps "the rich get richer" saying is really true...
Star Parker writes in an article titled "Private Savings Accounts Don't Attract Less Educated":
"However, according to a team of psychologists from Swarthmore and Stanford, who discussed the results of their work recently in the New York Times, Americans do not uniformly welcome more choices into their lives."
"Specifically, whereas higher income, better educated individuals welcome the empowerment of more choice, working class Americans, who represent the majority of our workforce, often do not."