To: Red Jones
Today we arrange our nation's economic policies in a manner that is known to drive the unemployment rate up, drive wages down, undermine social security and medicaire, and then we say that it is good. I don't think 'we' are saying that, our political class and their multinational corporate sponsors are feeding us this pap.
To: UnBlinkingEye
the statement you quoted is one that I made. It is also a true statement. I am so sad that so many americans are so ignorant. You'd think that if someone went to american schools and took the time to get news from various media sources that they'd be well informed. Instead, they are so ignorant and it is so sad.
Most americans don't know that we're living in an age of elevated unemployment levels. We've been living in that age since around 1970. Today the unemployment level is more than double what was considered completely normal levels prior to 1970. Between 1870 and 1970 if we merely throw out 1930-1945, then we as a nation never went more than 3 consequtive years with unemployment over 4.0%. In fact it was normally 3.0-3.5%. It frequently got down under 3.0%. It even went down to 1.0% more than once. But since 1970 unemployment hasn't gone under 4.0% even once I believe. Poverty rates today are higher than 1964. The minimum wage today is lower after inflation than it was in 1965. The low interest rates we are enjoying now even used to be completely normal prior to 1960.
When you measure the pay that people used to receive for work as a basket of goods, then it has been documented that the large majority of americans working today are working for substantially lower real wages than what used to be normal. A 22 year old guy with nothing but a high school diploma could easily get a job and support a family in 1965, but not today.
We used to have a country where even marginal people were able to make it. Then in the 1960's every politician stood up and told us in speeches that wiping out poverty and helping the downtrodden was the highest priority. Then they made a series of decisions which drove poverty up, unemployment up and real wages down.
In the early 80's the biggest issue that politicians could talk about was how they all wanted to protect social security. And they accused Reagan frequently of being against social security. But since reagan left the scene a series of decisions have been made, culminating recently with GW, to have seriously damaged the integrity of social security. And we can't fund medicaire any more either. We've cut that dramatically and now GW is cooking up a 2'nd rate medical system for the elderly.
Yet we have people in denial. Because the media doesn't focus their little minds on these issues, they pretend it doesn't exist. The media content is controlled by 5 big corporations and they have displayed persistent propaganda to us for decades. Only a fool thinks that an issue is not an issue if the media doesn't talk about it.
The media will never talk about the slow downward spiral of american living standards that has been occurring since 1970. They will not because such talk only highlights the terrible failures of the american elite over this period of time. These things have occurred because of decisions made by our government. Globalism and international economic development does not in itself cause these negative trends.
3 posted on
02/02/2003 10:46:15 PM PST by
Red Jones
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