Quote: Last year, my income went up by 45% from the prior year. The value of my house shot up
These are the best of time and the worst of times. Tell that to the tens of thousands of people who lost manufacturing jobs in my state of ohio.
You can't expect to make everyone rich. If you protect one guy's job, you do so at the expense of someone else. As long as the economy is growing in general, it's absurd to compare the US to a third world nation.
People lose their jobs all the time. From personal experience I know that it can be hard on a family. But it is not the end of the world.
The other side of the coin is that companies lose productive employees all the time. Often a worker leaves for a better situation elsewhere. It certainly would be easier and cheaper for the employer not to have to replace those people. But businesses learn to cope.
That is the nature of a free market. Do you really want to change it? If so, how do you devise a system that protects existing jobs and still allows workers the freedom to change jobs and careers? How do you protect jobs without also propping up companies that are outdated, inefficient, or mismanaged (but politically well connected)? How do you motivate companies and workers to innovate and to increase their productivity without the threat of competition? And how do you do any of this without handing enormous power to the government?