reply to post by Bunken Drum
Yep, that is pretty much how they are trying to play the game.
This type of system has only been going on for a little over a century now. Basically, about five generations. Less for most of the U.S. population
who were on farms up until around the fifties.
From the fifties til the eighties, most people in the U.S. lived and worked in what you could call factory towns, where most dads worked at the
factory, and made enough money to buy a house, while mom stayed home to take care of the kids. It was a good life and the middle class grew steadily.
At the beginning of the eighties, income distribution was as even as it has ever been in the U.S.. Then things began to fall apart.
There were numerous factors that contributed to the changes that have reshaped the U.S. economy over the last three decades.
First there was the energy crisis, the most likely was created on purpose to stir up problems. The U.S. was in love with their big automobiles, and
they were all gas guzzlers. When the energy crisis hit, it gave Japan, with its smaller far more efficient vehicles to gain a hold on the U.S. auto
Also, around that time, U.S. manufacturers began moving jobs overseas, where they could pay far less for workers. This began the breaking of the
unions which had created the good wages and the growing middle class.
The existence of the boomer generation created an over abundance of highly skilled workers which also pushed down wages. At the same time, the large
numbers of the boomers also pushed up the price of housing, which ramped up home values at an unprecedented state, that simply can not be
During he eighties, the Reagan admin put most of the countries money into the military industrial complex, which concentrated workers in suburbs,
creating long commutes, which added to the rise of home prices even more, as people were forced to move to the areas where there were jobs in the
Military industrial complex.
The boomers also have pushed up the market. By investing their retirements in the stock market, the large numbers of people putting money into the
stock market has pushed it to new heights as well.
Now that the boomers are starting to retire, they will be now pulling money out in unprecedented numbers. It will be interesting to see how the
market takes this strain.
Those at the beginning of the baby boom have had it made. If you were established before 1980, life has been very good. Those who have followed the
boomers, however, have had to deal with a system that seeks to squeeze ever more out of them, while closing off opportunity where ever possible.
What is clear is that working for a corporation has turned into a lousy deal for all too many these days. All workers are expendable to the corporate
entity. You are far better off building your own wealth through your own business. However, people have been fooled into supporting people who have
greatly stacked the odds in favor of corporations.
The next step would be to find a way to throw off the yoke of corporate power.