- May 22, 2011
- Reaction score
- Political Leaning
Ran across an article in Forbes that struck a chord with me:
One thing that progressives should be outraged about, but are not, is that the federal government will lend an 18-year-old $20,000 to go to college, but not to (say) buy a used truck to start his own moving business.
Many of the young people that are automatically forced out of foster care programs when they turn 18 become homeless. This is because, even if they have a job, they do not have the money for the deposit required to rent an apartment.
It’s time for conservatives to become outraged at the waste of human potential caused by the unavailability of capital to young people starting their adult lives. Despite what President Obama seems to think, not everyone can or should go to college. Young people with skills and interests that are not suited to college also deserve access to the capital required for them to become economically productive.
Capitalism is all about capital, and no one can be economically productive without access to at least some capital.
Conservatives Are Missing The Point On Welfare Reform - Forbes