Posted on 10/29/2013 11:55:40 AM PDT by Hojczyk
Cowen says it will be tougher to get ahead in the future, for three reasons familiar to anybody who’s been paying attention to the shifting fortunes of U.S. workers. First, companies are much more careful these days about taking on workers and committing to the cost of labor, benefits, and the problems sometimes caused by humans on the payroll. Second, globalization means there’s more international competition for jobs at all levels. Third, automation allows many companies to replace people with technology.
“The old America we knew, where everyone’s living standard doubled each generation, will probably be a thing of the past for a lot of people,” Cowen says. As uncomfortable as it may sound, there are plenty of ways for Americans to adjust to the Darwinian economy Cowen envisions. They can move to cheaper, more affordable areas and use Skype or other Internet innovations to telecommute and keep in touch with family. More Americans will become freelancers and “petty entrepreneurs” with jobs akin to those considered desirable in many developing countries. More ”threshold earners” will content themselves with earnings just high enough to get by. Americans will also find new ways to eliminate a lot of waste, becoming thriftier in the process.
There will be new winners, too, as the soaring fortunes of Facebook (FB), Twitter and many new web companies demonstrates.
Americans will adapt. “Many of society’s lower earners will reshape their tastes...toward cheaper desires,” Cowen writes in America Is Over. That’s where the beans come in, since they provide all the nutrition of fancier food at a fraction of the cost. “Don’t scoff at the beans,” Cowen encourages readers who might feel unsettled by his dystopian view of America’s future. Cooked with freshly ground cumin and pureed chili peppers, he insists, they can be quite tasty.
(Excerpt) Read more at finance.yahoo.com ...
See: Venezuela
How depressing. This is no longer America. Geesh, how pathetic.
How will Americans adapt to lower standards of living?
They’ll keep voting for more and more radical socialists and tyrants.
They keep pushing us, I predict we will see more “traditional households” by necessity with several generations living under one roof.
Of course this should help swing the country back tot he right...
Dumb libs don’t realize they are eventually going to cut their own throats...
The government caused all the problems. I can tell by the first paragraph they will ignore the herd of elephants in the room.
They don’t know where it comes from and they don’t care where it comes from as long as it’s “free”. I ain’t gonna adapt that easy. LOL!
Dear defeatist idiots,
All of the hard times and economic ills that we as America are enduring can and will be changed one day. America will elect honorable men and women and will reverse this communist course that has been instituted upon us in a untrue and stealth manner. Many of you leftists will pay and pay and pay for your crimes. It will take decades to recover... it will take decades to rebuild... but we shall and we will do it with the help of and praise to GOD.
LLS
Mmmmmmm, tasty...
The Kroger near where I live had 1lb cans of country style beans for 45 cents a can.... 45 CENTS a CAN!!! Expiry date of 2015-2016....
I bought out several stores of those!!!
I am helping feed several friends who have been cut down to less than 28 hours thanks to obummer care...
Thanks Obummer! /slash/ sarc
Sure they do. Why do you think they’re pushing amnesty?
We The People will never settle for this crapola brought to us via the RAT party and RINOs.
I already reload my brass 3 times (barring failed casings) - I suppose I could try for four.
The entitlement crowd is going to expect and demand that their lifestyle does not “lower”.
“All is well. You did not come here to fix a broken world.
The world is not broken.
You came here to live a wonderful life. And if you can learn to relax a little and let it all in, you will begin to see the universe present you with all that you have asked for.” - Abraham Hicks
Folks, once you get the hang of this—the world’s your oyster.
You must be some type of kulak if you can afford beans, fresh cumin and chili peppers under Obamanism.
Way back, b4 the days of computers, and obama, I read somewhere, that the UN and/or some other early NWO creeps had proclaimed they were abandoning their effort to raise the world’s standard of living to equal that of Americans!
instead, they would pursue a new goal of merely lowering America to the level of third world countries, if I may use that term!
So...Jimmy Swaggart was right, after all, notwithstanding his fixation on his amateur photography hobby!
Semper wtf!
Dick.G: AMERICAN!
***
The entitlement crowd is going to expect and demand that their lifestyle does not “lower”.
No, they wont. They are the American “Nomenklatura”.
The defeatists are a mystifying lot. No?
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