America is in crisis. The Republican tax plan will make that worse
When Donald Trump was sworn in as president last January, the nation faced several domestic crises. In many places, infrastructure is a disaster, highlighted by the I-35 bridge collapse in Minneapolis, Flint’s perilous water system and New York’s decaying, delay-plagued subways.
Then there’s the largely unrecognized retirement crisis. One-third of American workers are saving nothing for retirement, and more and more workers in their late 60s and early 70s say they simply don’t have the money to retire.
The US also faces a college affordability and student debt crisis. A year at a public university typically costs more than $20,000 – a hefty price tag for many families when median household income is $59,000. Total student loan debt has soared above $1.3tn, and more than two-thirds of college graduates borrow to go to school. Their average debt upon graduation is about $35,000, triple the level of two decades ago.
And the poverty crisis has not gone away. Nearly 41 million Americans live below the poverty line, with nearly one in five children living in poverty.
https://www.theguardian.com/commentisfree/2017/nov/28/america-crisis-republican-tax-plan
= new reply since forum marked as read
