reply to post by Areal51
A star for hitting the nail on the head.
The home crisis is a result, not a root cause of a large problem.
Once upon a time businesses did not follow the Wal-Mart model for operation they followed the Ford model of producing an affordable needed (or wanted)
product and paying their employees a good solid wage so at least someone could afford the product and have some left over to buy others producers
products as well. Lo and behold, that model worked.
Now let's look at cost of living. If minimum wage is $4/hr and a loaf of bread is $1.50 what is going to happen if minimum wage is $8/hr? $3 loafs of
bread right? Now if wages are locked as they have been until recently, natural inflation, supply and demand and other factors can make adjustments to
bring that loaf up to $2 while minimum wage is still $4/hr.
Part of that happened here but the story is much longer than that. It goes back to the Reconstruction Era after the Civil War. What? you ask. Let's
look at how the North was Industrial based and the South was agriculturial based and the North decided to punish the South for the war. Lincoln was
all about letting bygones be bygones but he didn't get much of a say for long and Grant makes Bush and Co. look like bleading hearts and genius on
the compasion and intelligent direction scales.
After that is over the population of the south are either living in the North competing for sweatshop jobs against the Irish Immigrants escaping debts
brought on by the potato famine or went out to tame the West with what they could pack in a wagon to be killed by less friendly Plains Indians that
were not going to be pushed around like the ones back East that had a less harsh environment.
After WWI we punish the Germans and their economy tanks and super high inflation brings about a charismatic nutjob that will dealt with later. The US
after spending quite a bit on the war enjoys the intoxication of wealth via the MIC but the farmers in the breadbasket experience the worst drought
for years... net result, The Great Depression.
FDR, since Hoover had no clue nor leadership abilities, spills out the contents of a can of alphabet soup and creatates agencies that were to be
temporary (IRS, CCC, FBI, CIA, SSI, etc.) Unfortantely only the CCC goes away which was the only thing that produced mor than it spent for the average
We end the Depression by taking care of the nutjob along with allies and hate Russia because one was never certain if another coup was going to take
them out of this world war too. While the unemployeed served overseas, Rosie the Riveter proved she could earn a buck and didn't trade in her welding
mask for an apron despite all the TV shows fom the 50's showing that. Hence we become intoxicated with not only MIC but the two wage earner.
Now thinking back before the war, there were some good homecooked meals, but since guys are a little slow it isn't until the 60's that we have
sexual revolution, which leads to less children in households and higher divorce rates in the 70's and 80's which lead to less marriages to begin
with in the 90's.
And let us not forget the exporting of industry, the old guards of steel not imbracing new innovations in the 1980's leading to closures when the
Japanesse embraced it, the Labor Unions driving the cost of the product beyond reasonable prices, a series of elected officials that determined by who
does the best sound byte for TV all bringing about you guessed it high prices, more taxes, and less money spread around for everyone to have a piece
of the pie.
Of course it is easier to blame people for confusing "Carp per Diem" for "Carpe Diem" when the lenders didn't fully inform them how high the
payments could go on an AMR or that their jobs were Wal-Marted or outright outsourced from under them instead of addressing the root causes. After
all, doing the wrong thing at the wrong time has become an American tradition. Best to give amnesty to people that work for less and have to ability
to move on when jobs dry up then worry about our own.
As for me, I am off to start my 10hr a day job at $11/hr and hope it lasts because being unemployed wasn't going to pay my $400/mo apt nor fuel my
17year old car.
[edit on 17-3-2008 by Ahabstar]