Alright, the same geniuses that didn't see this 40 year old festering economic problem are now declaring it about over. If that is so, how are these issues all of sudden resolved?
- Almost no manufacturing jobs anymore, where do all the non-degreed middle class work?
- Where do the older, displaced but not ready to retire because of financial reasons go to work to pay for all these McMansions they own? The younger workers are filling their jobs much cheaper....
- Health insurance is not affordable for anyone but the super-rich....even corporations are struggling to offset these costs because profits beyond costs are razor thin or non-existent....how has this (national healthcare) been addressed at all?!
- The big New Deal type approach to infrastructure has not happened....the private sector is broke and capital is not flowing into projects that benefit all and have lasting potential for progress.
- The disparity between the haves and have-nots is growing at a greater rate than ever, the people that deluded themselves into thinking they were part of this upper 5% because they had a couple hundred thousand in a 401k are getting a real dose of reality as to what real wealth is....they actually had very little but inflated compounded stock that was never worth what they paid for it....this is a serious mess...
I see no signs of anything but a worsening of the current situation. This began 40 years ago and will take more than a few months to repair it....that is, if it can ever be repaired.
I hope these delusional bastards stop with these articles that make the assumption that if they write about it, then it must be true. This was the neo-conservative mantra for the last 30 years, I can't handle anymore of it.
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