Goodbye Middle Class: Half Of All American Workers Made Less Than $34,248.45 Last Year

Discussion in 'Economics' started by Banjo, Oct 15, 2020.

  1. Banjo


  2. stochastix


    because jeebus!
  3. virtusa


    The Western world reached his wealthiest period around 1980-85. After that we went the way down.
  4. Overnight


    Because mullets, Rubix Cube, video games and slasher films were all the rage. Best decade, man. :)

    Spooz Top 2 and RedDuke like this.
  5. Turveyd


    Start winding up the poor time I see, make them resent the not poor and demand change, Socialism is that change I fear, then everyone is poor.

    "The Great Reset!" it's coming and it's going to suck!!
    Spooz Top 2 likes this.
  6. otctrade


    "The best is yet to come"
  7. newwurldmn


    Here4money likes this.
  8. themickey


    If I recall, 1960's - 1970's were the greatest years. The golden years.
    After that began the fighting in South Africa and Rhodesia, then slow downhill from there.
  9. themickey


    Then in 1980's women began working in employment so 'to get a bigger house', then RE prices compensated and so began the treadmill of working to pay off housing.
    Prior to that mostly it was one income earners, where dad worked, mum at home.
    terzioglu, Clubber Lang and Ayn Rand like this.
  10. ZBZB


    The standard of living for most people in the world is the highest it has ever been. Billions have moved out of abject poverty due to trade. Bad news for Americans whose jobs were lost to somewhere cheaper. Trump has brought back 11,000 of the 63,000 factories lost but is favourite to lose re-election.
    #10     Oct 15, 2020