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  • Income Distribution in the US
    How is our income distributed? Well, it is pretty concentrated. How concentrated? Take a look.
  • Progress and Poverty, by Henry George
    Here are links to online editions of George's landmark book, Progress & Poverty, including audio and a number of abridgments -- the shortest is 30 words! I commend this book to your attention, if you are concerned about economic justice, poverty, sprawl, energy use, pollution, wages, housing affordability. Its observations will change how you approach all these problems. A mind-opening experience!
  • Wealth Concentration Tables from 2004 SCF: Bottom 90%, Next 9% and Top 1%
    Aggregated data by net worth quantile, for various kinds of wealth. With calculations you won't find anywhere else!
  • Wealth Concentration Tables from 2004 SCF: 50-40-5-4-1
    These tables show how concentrated the ownership of various kinds of assets are. With calculations you won't find anywhere else! This version is less aggregated: Bottom 50%, Next 40%, Next 5%, Next 4% and Top 1%.

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  • Henry George: Progress and Poverty: An inquiry into the cause of industrial depressions and of increase of want with increase of wealth ... The Remedy
    This is perhaps the most important book ever written on the subjects of poverty, political economy, how we might live together in a society dedicated to the ideals Americans claim to believe are self-evident. It will provide you new lenses through which to view many of our most serious problems and how we might go about solving them: poverty, sprawl, long commutes, despoilation of the environment, housing affordability, wealth concentration, income concentration, concentration of power, low wages, etc. Read it online, or in hardcopy.
  • Bob Drake's abridgement of Henry George's original: Progress and Poverty: Why There Are Recessions and Poverty Amid Plenty -- And What To Do About It!
    This is a very readable thought-by-thought updating of Henry George's longer book, written in the language of a newsweekly. A fine way to get to know Henry George's ideas. Available online at progressandpoverty.org and http://www.henrygeorge.org/pcontents.htm

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« The Big (and unnoticed) Winners in the Mortgage Crisis | Main | A 21st Century Georgist in the Revised Common Lectionary »

September 20, 2008

Pres. Bush is worried about people being able to send their children to college

Interesting that GWB seems to think it is normal and to be expected that most people will have to tap their home equity to send their children to college.

What have we come to when people are unable to save toward a predictable expense, but some portion of the ~70% who are homeowners have rising land value which they can borrow against to finance their children's college bills?   Most parents of college students have 10 to 20 years before their own retirements.

Remember the old ad "Is this any way to run an airline?"  You bet it ISN'T!

Posted on September 20, 2008 at 03:48 PM in better cities, common good, connect the dots, cost of living, cui bono?, ending poverty, equality, financing education, FIRE sector, free lunch, Henry George, housing affordability, incentives, land appreciates buildings depreciate, land share of real estate value, land speculation, land value taxation, landed gentry, landlordism, poverty, poverty's cause, privilege, property tax reform, prosperity, tax reform, wealth distribution or concentration, wealthandwant |

Tags: home equity, paying for college

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