Free College on Wall Street’s Tab?
Source: Alternet
It’s now crystal clear that our economy is not producing enough jobs for all who want and need them. It’s also clear that our economy is doing an excellent job at putting more and more wealth in the hands of the few. It’s time to change this equation with one simple proposal that would put millions of Americans back to work in a matter of months: free tuition at all public colleges and universities.
The spinmeisters can’t hide the fact that unemployment is still at horrendous levels and causing enormous suffering for millions of Americans. Job growth is so paltry that at this rate it will take over a decade to return to full employment. Worse still, there are 5.8 million Americans who have been unemployed for 27 weeks or longer, the highest number since the Great Depression. Meanwhile, Wall Street, which caused the economic collapse, is returning to record profits and bonuses. We can no longer afford to wait for the trickle-down economics to put our people back to work. And we can easily afford a free higher education program provided we have the nerve to make Wall Street pay for it.