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Why Americans are going hungry despite a strong economy
(www.nbcnews.com)
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this post was submitted on 10 Dec 2023
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No, I don't think everyone is poor, but I do think that unless you're in the ultra wealthy category, you're having less and less agency over how the government runs things in the US.
Maybe every generation says that because it's been more and more true for each generation. That's how capitalism works, continually cutting out the legs from underneath the working class. That's the entire concept, you continue to squeeze as much as you can to increase profits and one of the easiest places to squeeze is labor costs.
china will start honoring oopyrights and patents before western civilization gives up on it.
Yikes, yeah you're in a fucked up place forever. Get the hell out of there by any means possible.
Gen X and middle class, I'm not rich, but I'm bringing in more income than I am spending, and that only really started in 2016. It took about 15 years of working before I started to break even and another five years before we started being in the green every year. Many want free income, but you must work for it. You are not the first and will not be the last, but you'll eventually break even if you work for it. This isn't what many want to hear, but that is how it is done.
I am also GenX and hate to break it to you, but we may be the last generation who had that reasonable assurance that if you were willing to make changes, go to school, you could get a better job, and if willing to hop jobs often for better pay, could work up some ladder and be well off.
I don't think my kids got the same deal. Like we didn't get pensions but our parents did. We got no guarantees but an environment of opportunities, that has flattened out a lot.
No, Millennials will do better than us.
Hope springs eternal in the hearts of men.