We have heard it before. We are at a crossroad. Disaster impends. The promissory note is
long overdue. Typically, the language concerns a social obligation, shirked.
Let us add one more to the list, “We sowed; now we reap.” By 2026 in California, the number of people
in prime wage-earning years will become
smaller than the number of people older
and younger. One would hope that earning
power would compensate for smaller size.
But look at an important part of this trend.
In 2026, 40% of these prime wage earners
will be Hispanic. Only 17% will have college
degrees. The BA is the ticket to wealth in a
post-industrial society.