Sigh. You don't get it, do you? It's not the wasting of money that is depressing or frustrating, it's the institutional inequality sustained by a chronic lack of government spending and redistribution of wealth.
Social mobility is notoriously difficult to shift because of the British class system. There is a ruling class, a middle class and the oiks. None of us may ever be completely accepted into another class, no matter what our change in circumstances - that privilege is reserved for the second generation at best (if you're lucky, your child's public school education will be enough to disguise their parents' humble beginnings).
It's hilarious that you you sound left-wing here and that's why you're so confused, like a teenager wrestling with his sexuality.