{"id":35463,"date":"2018-06-25T06:11:19","date_gmt":"2018-06-25T11:11:19","guid":{"rendered":"http:\/\/olduvai.ca\/?p=35463"},"modified":"2018-06-25T06:11:19","modified_gmt":"2018-06-25T11:11:19","slug":"dear-high-school-graduates-the-status-quo-solutions-enrich-the-few-at-your-expense","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=35463","title":{"rendered":"Dear High School Graduates: the Status Quo &#8220;Solutions&#8221; Enrich the Few at Your Expense"},"content":{"rendered":"<h3><a href=\"https:\/\/www.oftwominds.com\/blogjun18\/dear-grads6-18.html\">Dear High School Graduates: the Status Quo &#8220;Solutions&#8221; Enrich the Few at Your Expense<\/a><\/h3>\n<p><i>You deserve a realistic account of the economy you&#8217;re joining. <\/i><\/p>\n<p><b>Dear high school graduates: please glance at these charts before buying into the conventional life-course being promoted by the status quo.<\/b><\/p>\n<p>Here&#8217;s the summary: the status quo is pressuring you to accept its &#8220;solutions&#8221;: borrow mega-bucks to attend college, then buy a decaying bungalow or hastily constructed stucco box for $800,000 in a &#8220;desirable&#8221; city, pay sky-high income and property taxes on your earnings, and when the stress of all these crushing financial burdens ruins your health, well, we&#8217;ve got meds to &#8220;help&#8221; you&#8211;lots of meds at insane price points paid for by insurance&#8211; if you have &#8220;real&#8221; insurance without high deductibles, of course.<\/p>\n<p><b>Here&#8217;s the truth the status quo marketers don&#8217;t dare acknowledge: every one of these conventional &#8220;solutions&#8221; only makes the problem worse.<\/b> Student loan debt only makes your life harder, not easier, as the claimed &#8220;value&#8221; of a college degree is based on the distant past, not the present. The economy is changing fast and the conventional &#8220;solutions&#8221; no longer match the new realities. But don&#8217;t expect anyone profiting from the predatory profiteering higher-education cartel to admit this.<\/p>\n<p><b>The high cost of housing isn&#8217;t &#8220;solved&#8221; by buying in at the top of an unprecedented bubble.<\/b> Buying into bubbles only makes the problem worse, for all bubbles eventually pop.<\/p>\n<p><b>The &#8220;solution&#8221; to crushing levels of debt is not to borrow more just to prop up a rotten, corrupt, dysfunctional and self-serving status quo.<\/b> In effect, the young generations are being groomed to be the hosts for the parasitic classes that feed on young taxpayers, student loan debt-serfs, young buyers of bubble-priced housing, unaffordable sickcare &#8220;insurance&#8221; and all the rest of the status quo &#8220;solutions.&#8221;<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear High School Graduates: the Status Quo &#8220;Solutions&#8221; Enrich the Few at Your Expense You deserve a realistic account of the economy you&#8217;re joining. Dear high school graduates: please glance at these charts before buying into the conventional life-course being promoted by the status quo. Here&#8217;s the summary: the status quo is pressuring you to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[127,5758,587,1302,20656],"class_list":["post-35463","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-charles-hugh-smith","tag-college","tag-of-two-minds","tag-status-quo","tag-status-quo-elite"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35463"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35463\/revisions"}],"predecessor-version":[{"id":35464,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/35463\/revisions\/35464"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}