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  #151  
Old 02-13-2022, 10:21 AM
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finnbow finnbow is offline
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Originally Posted by nailer View Post
The export of middle class jobs began in the 60s with the consumer electronics industry.

That IBM desktop just plain evaporated a lot of nice middle class jobs.

Interesting how both parties basically fully buy into this and other similar stuff ...
Actually, it's as old as our country and was originally brought to the fore by Adam Smith in 1776 in "An Inquiry into the Nature and Causes of the Wealth of Nations."
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  #152  
Old 02-13-2022, 10:57 AM
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nailer nailer is offline
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What's as old?
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  #153  
Old 02-13-2022, 11:19 AM
Chicks Chicks is offline
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Quote:
Originally Posted by nailer View Post
The export of middle class jobs began in the 60s with the consumer electronics industry.

That IBM desktop just plain evaporated a lot of nice middle class jobs.

Interesting how both parties basically fully buy into this and other similar stuff ...
Technology has created more jobs than it has destroyed, says 140 years of data
Study of census results in England and Wales since 1871 finds rise of machines has been a job creator rather than making working humans obsolete

https://www.theguardian.com/business...rs-data-census

Made a whole lot of us multi-millionaires, too. Those of us who embraced change, and invested in it. Luddites, of course, lost out. No tears shed for them here.
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  #154  
Old 02-13-2022, 12:03 PM
RickeyM RickeyM is offline
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All jobs aren't created equal. Up until the seventies or so the American middle class expanded greatly because of well paying blue collar largely manufacturing jobs. With just a high-school education a person could earn enough for a very good life for they and their families. Those working humans no longer had those high pay (relatively) low skill jobs bringing in the big bucks when mechanization and advanced technology took over. and when much manufacturing went overseas. Those working humans were to a large degree slow to pivot to those new jobs created.
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  #155  
Old 02-13-2022, 03:19 PM
Chicks Chicks is offline
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Is the Middle Class Worse Off Than It Used to Be?

https://www.clevelandfed.org/en/news...worse-off.aspx

Quote:
In comparing household incomes of the middle class in the United States in 1980 to today, we conclude that real incomes for today’s middle class are somewhat higher than they used it to be, particularly for households headed by two adults. It is also clear that failing to adjust for demographic shifts in the population relating to age, race, and education can indicate a more positive outlook than is truly the case.

We find, as in prior research, that prices in housing, healthcare, and education have risen more than middle-class incomes and so are relatively more expensive. However, we also find that these price increases are offset by relative price decreases in transportation, food, and recreation, among others, making real middle-class incomes slightly higher than in the past.
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  #156  
Old 02-14-2022, 06:05 PM
RickeyM RickeyM is offline
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Originally Posted by Chicks View Post
Is the Middle Class Worse Off Than It Used to Be?

https://www.clevelandfed.org/en/news...worse-off.aspx
I'd like to see that broken down into upper middle-class and lower middle-class.
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  #157  
Old 02-14-2022, 06:18 PM
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The middle class is smaller now than it was in 1980 and it's not the upper that got larger. They just got richer, as did the upper section of the middle class.
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  #158  
Old 02-14-2022, 06:45 PM
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BigElCat BigElCat is offline
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Originally Posted by nailer View Post
The middle class is smaller now than it was in 1980 and it's not the upper that got larger. They just got richer, as did the upper section of the middle class.
God's gift to ballroom notoriety--Angus Young

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  #159  
Old 02-21-2022, 07:00 PM
Ike Bana Ike Bana is offline
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Originally Posted by Dondilion View Post
At the core of the "Trump Party" is a firm belief that there is an organized bipartisan attempt to replace white folks or at least reduce their importance.
The shenanigans at the southern border over a long period reinforce this perception. Additionally, the creation of the rust belt; due in large part to outsourcing especially to China, demoralized a significant section of such folks who thought they were special in the union of these United States.

The danger to the union is that a lot of these folks are overrepresented in the elite forces.

There is now a call that they should not allow themselves to be used in battles which do not represent their interest.
Oh please...its not that complicated. What it's all about is white supremacist nationalists who don't like the fact that this country has become a plural culture. And to that, I say...well...too fuckin' bad.

White christian Americans had all the advantages, all the control, all the power, all the authority for the first 200 years of this country's existence. They took it for granted, and walked all over anybody who wasn't a white christian. And the fools believed Trump would give them their country back. Well, as Bob Dylan wrote...things have changed.
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  #160  
Old 02-21-2022, 07:31 PM
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nailer nailer is offline
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Originally Posted by BigElCat View Post
God's gift to ballroom notoriety--Angus Young

I had to Wiki Angus, but I did know of AC/DC and could sing along with Highway to Hell if need be. Well, I know enough of the lyrics and can mumble sing what I don't.
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Last edited by nailer; 02-21-2022 at 08:29 PM.
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