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The day that destroyed the working class and sowed the seeds of Trump
New York Post ^
| September 16, 2017
| Salena Zito
Posted on 09/19/2017 8:06:04 PM PDT by MilesVeritatis
click here to read article
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To: a fool in paradise
40 years ago an average person/family had a mortgage, phone, electric and maybe a car payment. That was it. Now look...
21
posted on
09/19/2017 8:32:18 PM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: MilesVeritatis
Just what progressives want.
22
posted on
09/19/2017 8:34:18 PM PDT
by
TBP
(Progressives lack compassion and tolerance. Only their self-aggrandizement matters.)
To: central_va
Did Hillary talk to them at that time like she did the coal miners last year?
23
posted on
09/19/2017 8:34:39 PM PDT
by
taterjay
To: MilesVeritatis
24
posted on
09/19/2017 8:34:45 PM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: Bruce Campbells Chin
Unions suck. Not having a domestic steel industry sucks even more.
25
posted on
09/19/2017 8:36:02 PM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: a fool in paradise
That is what I say is the difference today versus the olden days. Everything is $40/month.
26
posted on
09/19/2017 8:36:03 PM PDT
by
taterjay
To: central_va
Interesting.
China produced 803 million tons of steel last year. Mostly at state-owned factories. (gigantic communist country)
America produced 79 million.
China produced 53% of the steel, in the entire world.
27
posted on
09/19/2017 8:39:56 PM PDT
by
cba123
( Toi la nguoi My. Toi bay gio o Viet Nam.)
To: cba123
Sorry, that was 50.3 percent.
Not 53 percent. Excuse me.
28
posted on
09/19/2017 8:41:59 PM PDT
by
cba123
( Toi la nguoi My. Toi bay gio o Viet Nam.)
To: MilesVeritatis
The present value of $24,000 in 1970 US Dollars has vastly different purchasing power. The USD was pegged to a gold standard at $35 per oz. Expressed as a ratio of the $1311 per oz price this evening, the present value would be $899,000 per year. Except the buying power went the other way. The $24000 in 2017 USD buys what $640 would buy in 1972. The profligate tax, spend and printing of the US Dollar has vastly reduced the value of that fiat currency. If it was not the world's "reserve currency", that printing press game would have sunk the US economy long ago. That sword of Damocles could still fall on our heads at any time.
29
posted on
09/19/2017 8:42:46 PM PDT
by
Myrddin
To: MilesVeritatis
$24,772.00 in September, 1977 (when the layoff in question occurred) would be
$99,055
now.
30
posted on
09/19/2017 8:42:53 PM PDT
by
PAR35
To: cba123
So in a general war who can build the most ships and tanks?
31
posted on
09/19/2017 8:43:51 PM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: central_va
33
posted on
09/19/2017 8:45:25 PM PDT
by
cba123
( Toi la nguoi My. Toi bay gio o Viet Nam.)
To: MilesVeritatis
In the next big war, America and the West will need that steel capacity.
But the future enemy bought up the politicians, businessmen and unions so that it was offshored to them.
34
posted on
09/19/2017 8:53:24 PM PDT
by
Reverend Wright
(The CBC: Deceiving Canadians since 1936.)
To: taterjay
My new cellphone rate is $40/month. My TV including cable is $100/month for a year. And that’s at my new improved reduced rates. Plus Netflix @12/month
$152/month that a few decades ago I wouldn’t be spending but now seems it would be impossible to live without these.
35
posted on
09/19/2017 8:55:21 PM PDT
by
Aria
To: MilesVeritatis
Selling the public on that “service industry” future was ridiculous. I couldn’t believe they snookered the folks into believing it. Common sense would say such an idea was never credible.
Are the American citizens born to be servants to each other with no prospects to achieve more? No dreams there!
36
posted on
09/19/2017 8:57:15 PM PDT
by
tinamina
To: Whenifhow; GregNH; null and void; aragorn; EnigmaticAnomaly; kalee; TWhiteBear; Salvation; ...
37
posted on
09/19/2017 8:57:19 PM PDT
by
bitt
(The press takes him literally, but not seriously; his supporters take him seriously, but not literal)
To: MilesVeritatis
I give Salena Zito credit, but she is also part of a larger problem with journalism. Someone made the decision to pull the plug on those jobs. What is his name? Where is he today?
No fan of unions, but Victor Posner was every bit a dirtball as the union thugs.
Name names.
To: cba123
"
America produced 79 million."
I grew up in Youngstown. During their peak year, '41 I think, the Youngstown area put out 90 million tons.
39
posted on
09/19/2017 9:12:00 PM PDT
by
Rashputin
(Jesus Christ doesn't evacuate His troops, He leads them to victory !!)
To: cba123
Buying American is good until the American company pulls a GM and starts producing awful garbage. What then?
40
posted on
09/19/2017 9:16:46 PM PDT
by
Spktyr
(Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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