At almost any point in time since the industrial Revolution, a person could say, “40 years ago certain people could survive and succeed in the economy and now they could not.” However, while it may be painful for some, the market always corrects and there are net gains.
And yes, things have changed. Forty years ago there were working class neighborhoods with high rates of home ownership and now not many such communities exist.
I grew up in what was a working class neighborhood. My neighbors owned their home, had five kids, all in Catholic School and the father delivered newspapers and the mother was a checker at a grocery store.
That would be impossible today.
Just give everyone $15/hr/problem solved.
Once robots and automation started eliminated massive numbers of jobs that you need a full standard deviation above the norm from to be employed today, people like you and I will feel some pain - fortunately for us that's probably long after we're done working. But in the meantime, wage pressure for the bottom 50% is likely occur massively over the next 30 years and moderately for the next 25%. A UBI is the only real solution to the problem long term - but it is a long term problem that can be addressed later. Halting/reversing illegal immigration and adding a border tax would probably delay by 10, 15 years this impact in the US.
You are an idiot. Does it occur to you that the factories are in China? Does that even matter to you globalist simpletons?