ConclusionThe Big Fix: Recruit the Smartest Workers from Around the World, Send Most Kids to College, Measure Household Wealth
Along with putting the business lobby out of business, we’ve got to act as though we’re preparing for a global economic Olympics.
We’ve seen how the decline of the union movement and a lack of a citizens’ PAC means that most Americans can’t afford to retire. We learned how the shrinking of government subsidies for college forces Americans to pay through the nose for it—at a point in history when most Americans need a degree to qualify for the best-paying jobs.
While the misdeeds I’ve recounted aren’t capital crimes, they still cause a lot of suffering. How can managers of American companies justify cutting 401(k) ...