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MIT Professor : US regressed to a Third World Nation for most of it's Citizens

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posted on Apr, 20 2017 @ 08:37 PM
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a reply to: GeauxHomeYoureDrunk

But in states like California (Where I am), jobs are very notoriously hard to find due to its large population. Also, a lot of jobs here tend to be service industry, tourism, and IT.

In order to get a job you need a degree, blue collar jobs are hard to find.

What state do you live in? It varies states by state.




posted on Apr, 20 2017 @ 08:44 PM
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originally posted by: starwarsisreal
a reply to: GeauxHomeYoureDrunk

But in states like California (Where I am), jobs are very notoriously hard to find due to its large population. Also, a lot of jobs here tend to be service industry, tourism, and IT.

In order to get a job you need a degree, blue collar jobs are hard to find.

What state do you live in? It varies states by state.



Or you need to be cheap/illegal labor...Mexican or Indian...illegal or work visa actually....where the families live, the average living expense is a fraction of the US expense.



posted on Apr, 20 2017 @ 08:51 PM
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originally posted by: toysforadults
a reply to: c2oden

Oh please with your gross over generalizations.

Just stop it with the nonsense. I am sure there are plenty of younger people working at whatever it is you do.
Just because people are not a proper fit for your company doesn't make 74 million people lazy.

It's almost laughable when you look at the numbers.



I said from my experience, so it is not "gross over generalizations".



posted on Apr, 20 2017 @ 08:54 PM
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a reply to: Vasa Croe

This mess started in the mid 1970's when business stopped sharing the productivity gains with it's workers. Then the Reagan rev started...

Our economy is all temp til the next bubble pops. Then the the pumps (fed) scurries onto the next bubble, but I think even the Fed's pumps are breaking down.



posted on Apr, 20 2017 @ 08:59 PM
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a reply to: Vasa Croe

What's your advice for people in California who want to find a job?

I mean there are some Cali residents that would love to move out of state due its high costs of living and difficulties finding a job that can sustain them. In fact a lot of people need roommates in order to live in an apartment in LA.

I mean I know a lot of people envy us Californians due to Hollyweird and it's beaches but when it comes living here, not worth it.
edit on 4/20/2017 by starwarsisreal because: (no reason given)



posted on Apr, 20 2017 @ 08:59 PM
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a reply to: seasonal

Goldman Sachs dumps the dollar



Dollar Euro Getty Images Goldman Sachs is closing two long-dollar "top trade" calls, both of which would have posted losses, the bank said in a note on Tuesday. "In recent years we have generally maintained a bullish dollar view, and the greenback still has a number of things going for it, including a healthy domestic economy, an active central bank, and lower political uncertainty compared with the U.K. and euro area," the note said. "However, a number of fundamentals have changed on the margin, such that the long-dollar story no longer warrants a place among our 'Top Trades.'"


Probably has something to do with the horrible March jobs report and construction spending.



posted on Apr, 20 2017 @ 09:11 PM
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originally posted by: toysforadults
a reply to: GeauxHomeYoureDrunk

They were sold a false paradigm.

Now they expect what they were told they would get if the accomplished this and that.

Now you blame the youngest people in our country for the problems our country is facing?

No, not accepting that sorry.

Also if you look at the %'s of people working in the Millennial age range you can see they have relatively close to the same # of employed.

So the theory that they just aren't working is also a lie.


They certainly were sold a pile of dung and still are today. Who raised them? Who instilled the values needed to succeed in life? Who taught them the evils of debt?

I hope this group continues doing what they are doing. They appear to no longer value what t ptb values. Once those student loan defaults start increasing, people will take notice. Start messing with bondholders revenue stream and then we can start the party.



posted on Apr, 20 2017 @ 09:17 PM
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originally posted by: roadgravel
This predates Obama by many years but I understand most Americans can't understand it.


It goes all the way back to at least George H.W. Bush and Bill Clinton. Bush negotiated NAFTA and it was ratified by Clinton.

Then again, one could say it all started in 1913 with ratification of the 16th and 17th amendments.



posted on Apr, 20 2017 @ 09:22 PM
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the free market will be forced to respond by creating more affordable and effective healthcare


Sure they will, just like we have affordable housing and college?



posted on Apr, 20 2017 @ 09:52 PM
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originally posted by: CharlesT

originally posted by: roadgravel
This predates Obama by many years but I understand most Americans can't understand it.


It goes all the way back to at least George H.W. Bush and Bill Clinton. Bush negotiated NAFTA and it was ratified by Clinton.

Then again, one could say it all started in 1913 with ratification of the 16th and 17th amendments.


1913 was a bad year for Americans.

Before then, most people owned the land they lived on.

These days most people don't even own the cars they drive, the sardine cans they live in, or the pocket computer they distract themselves from reality with.

Hosers.



posted on Apr, 20 2017 @ 10:06 PM
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originally posted by: CB328



the free market will be forced to respond by creating more affordable and effective healthcare


Sure they will, just like we have affordable housing and college?


We don't have a free market.



posted on Apr, 21 2017 @ 04:07 AM
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a reply to: Vasa Croe

Top Ex-White House Economist Admits 94% Of All New Jobs Under Obama Were Part-Time

We went from a nation of researchers and builders to a nation of waiters and customer service clerks. Thanks NAFTA and GATT! The 2016 election was our last chance to start turning this around, thank god Americans finally started taking their heads out of the sand.



posted on Apr, 21 2017 @ 08:22 AM
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originally posted by: Groot
Not true at all !

The poorest of our citizens still live way above the level of a third world country.

They still have a smart phone and can post on ATS.




I don't think having a smartphone makes you not a third world country. Smartphones are sold cheaply in third world countries. I have a friend from Honduras. People there have smartphones even if they can't afford food. A lot of third world countries have easier access to phones and technology than food.



posted on Apr, 21 2017 @ 08:33 AM
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originally posted by: roadgravel
This predates Obama by many years but I understand most Americans can't understand it.


While it may "pre-date" Obama he's the one who promised billions on shovel ready jobs and campaigned both in 2008 and 2012 on rebuilding America's roads and bridges.

How'd that work out for you?



posted on Apr, 21 2017 @ 08:39 AM
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originally posted by: LABTECH767
a reply to: starwarsisreal

This is what happen's when Runaway capitalism is embraced with no concern for wealth re-distribution, it is essentially strip mining the economy for all it's wealth into a few bank account's, and that is what the Tory's want for us in the UK as well.


I disagree. Capitalism is not to blame. We do not have a capitalist system in the United States.

In true capitalism, the banks would have never been bailed out. The government would not be nearly as involved as it is in all sorts of areas. We live in a sort of cronyism system, where lobbyists can by politicians, In a true capitalists system, these politicians would not be allowed to pick winners and losers.

Of course capitalism is not perfect, but it is the best system humans have come up with. Perhaps you would recommend a socialists system like in Venezuala. It seems to be working out very well with them.



posted on Apr, 21 2017 @ 09:19 AM
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a reply to: starwarsisreal

Thanks for that. Excellent article aand spot on accurate.



posted on Apr, 21 2017 @ 09:22 AM
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originally posted by: starwarsisreal
a reply to: Groot

What state do you live in? In places like California, living comfortably like yours is not possible due to how expensive the cost of living is.

a reply to: Vasa Croe

And if Trump betrayed his promise in 8 years what then?


Keep voting Democrats in and costs of living will continue to increase due to ridiculously high taxes...which they need for their "give everyone everything for free" pie in the sky platforms...



posted on Apr, 21 2017 @ 09:24 AM
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originally posted by: seeker1963
a reply to: starwarsisreal

Look up "Kali Yuga".....



I'm hailing her now.



posted on Apr, 21 2017 @ 09:28 AM
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a reply to: Groot

What if their battery runs out. What if they can't afford another phone? What if they receive a phone in english and can't figure it out? what if Amazon.africa ceases to exist along with free internet access? what if... .... nm

Sorry groot, my higher mind made me say that. At gun point.. seriously...

drink..
edit on 21-4-2017 by Neith because: @#$%%

edit on 21-4-2017 by Neith because: @@##$#$%



posted on Apr, 21 2017 @ 09:36 AM
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originally posted by: Deny Arrogance
Obama and the uniparty globalists: "MISSION ACCOMPLISHED!"


It actually started a long time before that...think "trickle down" economics....




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