Monday, March 28, 2011

the wrong approach

"Why is wealth important? Like wages and income, overall wealth is central to a family’s standard of living. Wealth—particularly liquid assets such as savings and checking account balances and direct holding of stocks and bonds—can help families cope with financial emergencies that arise due to unemployment or illness. Wealth also makes it easier for families to invest in education and training, start a small business, or fund retirement"
EPI screed

that suggests job classers oughta be private wealth builders ..don't we know where that leads ??

so we need to sublate this process
socialize inter temporal allocations and whole to  part and part a to part b  transfer systems
  payment  systems 


look at the list ..cope with financial emergencies that arise due to unemployment or illness.
insurance eh ??

 invest in education and training, student loans ???



'start a small business, " biz loans

but final point
 fund retirement   that requires a real  national pension system