“War on the rich” sounds a lot better than “war on smart people,” but they’re one and the same. 95% of the people in this category aren’t the hyper rich billionaires that “war on the rich” conjures up.
They’re doctors, lawyers and businessmen who went to college for eight or ten years. They’re licensed engineers and architects who worked hard to get their four year degrees, and harder for the next five years in an apprenticeship to get their Professional Engineering/Architectural licenses.
They’re accountants, MBA managers, nurses and teachers.
Sure, these folks make a good income. But they earned nothing from years 18 through 22 or 26, piling on the debt with student loans.
Their prime earning years are five or ten less than blue collar workers who get a job right out of high school. The latter are well up on the income trajectory before professionals even get on the ladder.
Regular folks knock off work at 5 pm, and the rest of the day is theirs. Professionals devote a lot of their “free” time to reading journals and studying, keeping up with their fields.
Professionals bring a boatload of worry home with them: the constant threat of law suits, the responsibility of maintaining a practice and keeping the people who work for them employed.
Most of them work on salaries and work twice the hours of regular folks with no overtime or compensation, just diminished health from very short nights and very long days.
