https://www.overlawyered.com/2016/08/j-d-vance-payday-lending/ Chronicling the high cost of our legal system Mon, 29 Aug 2016 16:33:53 +0000 hourly 1 https://www.overlawyered.com/2016/08/j-d-vance-payday-lending/comment-page-1/#comment-340413 Mon, 29 Aug 2016 16:33:53 +0000 https://www.overlawyered.com/?p=60783#comment-340413 As Labor and Employment counsel to Woolworth, I was constantly amazed by the lack of awareness of the realities facing the low income weekly or hourly wage earner by executives and politicians. They couldn’t begin to comprehend life budgeted from one week to the next, to the fact that many have no bank accounts, that if paid by check they need the check cashing outlets that exist in poor areas, that they don’t have access to lines of credit, etc.. It was inconceivable to the “elite” that a broken radiator hose can cause a fiscal crisis in some families. These concepts were wanting in so many persons of power in politics and or business as to defy imagination . There should be a required course in these things in business schools and political science, but to too many of them they consider it a waste of time.
They believe they know how things should be in their Utopia, and ignore what exists in the real world of every day life.

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