09-29-2023, 09:46 PM
Quote: @medaille said:
@BigAl99 said:
I think you probably have a more narrow definition of what@medaille said:
It’s just the symptom of the corruptness in our institutions.
Our society has destroyed the American dream. We used to have a plan laid out for us. We’d go to school. We’d get a job that wasn’t perfect, but wasn’t
horrible and use that money to buy a house and start a family. That’s dead now. The amount of income you need to own a home
or even to rent a home is vastly outpacing people’s ability to earn money. For many people, there is no amount of
working that will buy them a home. What’s
the point of getting a job when the money from the job can’t buy you what you
need.
We used to live in a world, where there was some amount of
respect by the elites where they would acquire all the wealth, but we wouldn’t
notice because prices were still affordable.
The gloves are off now. They’re no
longer concerned with our well-being to the extent that the illusion can be
maintained.
When are you talking about? Just curious, when in history are you talking about? I think it's more wistful thinking. We are a capitalist "society", you always had to have an angle or leverage to get ahead. Is it the American dream that we all get there together or "I" have a way to get ahead and have more than you.
the American Dream is, one that is akin to mansions and Bentley’s, etc., like
that we all can become Elon Musk or Bill Gates or whatever. My definition, which I think is pretty
typical, is that anyone who wants to work can live a comfortable life, own a
home, vacation, have a family, pursue their own happiness, etc.
There’s a large stretch of time where Americans were able to
live the “American Dream”, but it’s been slowly disappearing over time. In the 50’s any man could go be a laborer in
a factory and earn enough to support his family. Then when we went off the gold
standard and started doing fractional reserve banking with entirely fiat
currency, we started inflating the currency, which mostly went into the pockets
of the already rich. We got 2.5% raises
to match 2.5% inflation and their stock portfolios went up 8% a year, mostly
fueled by the new money that was created. Fractional Reserve Banking means that new
money is created when someone takes on more debt, so there is a downward spiral
that happens where society has to get more and more indebted to create the money
to pay of the interest payments from previous debts. Then feminism happened, and women entered the
work force, but instead of both adults in a family doing half as much work or
potentially the man staying home while the woman worked, somehow it meant that both
members now needed to work full time to earn enough to support the household,
but mortgages were reasonable, but as we go up the inflation/debt curve which
is exponential, each generation needs to take on more and more debt to stay
afloat. We used to have 10-15 year
mortgages, then 20, then 25, then 30, and we’re now at the point where new
generations can’t take on enough debt to make it work. Things cost so much that now you have to live
with your parents who are paying a mortgage from 20 years ago or pack more income
earning adults into the same households.
That sounds like it's coming from a white male. Those laborer job's in the 50s you speak of were not open to everyone at the same wage. The rest is a pretty specious argument. I have mentored a number young professionals in my field and one thing I stressed was the job market is very much tied to technology and you need to stay current or in front of the curve if you want to get ahead. An analog to this would be in the late 70s a person could be make a great living with the key skill of word processing. I worked many years in factories, union and non-union since the late 70s and laborers have never been provided a great living wage. If a machinist couldn't operate CNC equipment he was de-graded to a machine operator, today's systems changing a CNC operators into machine tenders, programs are now integrated in the CAD process. Seems like your saying you are entitled living wage by having a minimum skill.
Are you for a higher minimum wage or do you support the tacit service tax called tipping in excess of 20%?