Quote:
Originally Posted by Mad Max
And this is why the paradigm no longer works in this country. The deserving are flushed into the undeserving pool and left to work three jobs to be a middle class somebody.
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"Deserves" has got nothing to do with it....before WW2 I would say most people in America were busting their azz (were deserving) and that didn't matter...you still were working poor.
After WW2 the game changed because the stage was set for the American working man to become MC, largely by being located in the same place as the means of production and thus having a monopoly of being the only labour in town...That started to change by the mid to late 60's and it has been all down hill since then...
The demographic of the American MC has been stagnation or decline since 1975. When Americans ran out of cash they resorted to credit to maintain the
illusion of being MC. Since 2008....welll you know what I gots to say aboout that.
That said..the amount of your wages reflect you competition for that same job whether it be a foreign worker or technology. Yet Americans have a now ingrained mindset that they deserve $16 ah hour for serving coffee.
Since circumstances have changed for the American working man it is delusional to think that there will be a broad based American MC again (there never was one as large before in all of human history), one upon which the global economy depends upon being it's consumer. Oh well I guess you can't MAGA..
So lets get this straight...you have the typical American mindset of entitlement...now that mindset due to the reality of the situation is becoming more and more delusion-ally dysfunctional.
Do I need to say it...you use credit to take up the slack to maintain the illusion....which has implications for the sustainability of a global economy of scale when the credit runs out.