Rich poor

College grads make $900,000 more over their life time and those with a masters make $1.2 million more. Those holding the most debt are advanced degree holders especially in medicine and law. The government is now proposing that those who did not go to college pay for those who did as they seek to hand out cash to those who have student debt. This week the government gave $52 billion dollars to large companies that produce computer chips. One such company, Intel, had $43 billion in gross profits last year. The government is offering a to pay 25% of the cost of installing solar panels on your home. This is only for people who have a large tax bill and thus only for upper income folks. The government is offering a $7,500 tax credit for those who purchase and electric car. These are once again upper income people. Meanwhile governments across the country are reducing budgets of police departments making the streets less safe and most of these streets are in low income neighborhoods. Schools in low income areas continue to have poor facilities because the money comes from property tax and this is lowest in low income neighborhoods. All of these things exacerbate the income disparities in the country.