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Reply #13: K&R and thank you for writing/sharing this. [View All]

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inna Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-10-11 03:32 PM
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13. K&R and thank you for writing/sharing this.

The period of relative prosperity for most American workers was an aberration indeed, but what's important is that it was a result of specific and deliberate economic policies aimed at making American capitalism more "worker-friendly". Look at the charts of taxation and economic growth during the 50s and 60s for the richest vs the poorest vs the rest - everybody was actually growing together, more or less, and the rich were contributing their (more or less) fair share to the common economic welfare. What a stunning contrast with current economic policies (of the last 30 years) that are deliberately catered for the rich, at the expense of everyone else. Plutocrats took over, basically.
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  -Anyone waiting for a return to "middle class", may be waiting forever SoCalDem  Jun-10-11 02:11 PM   #0 
  - The verse about 'dogs getting scraps from the table'  RandomThoughts   Jun-10-11 02:16 PM   #1 
  - not self-righteous.. just another one accepting scraps  SoCalDem   Jun-10-11 02:18 PM   #3 
     - We could pool our resources and make our own pissy beer  InkAddict   Jun-10-11 02:52 PM   #11 
        - OMG, I've located the beer and travel money....  InkAddict   Jun-10-11 03:18 PM   #12 
  - k & r ..  girl gone mad   Jun-10-11 02:18 PM   #2 
  - I think  LiberalCatholic   Jun-10-11 02:27 PM   #4 
  - It's do-able, but not with the governing style we have now  SoCalDem   Jun-10-11 02:33 PM   #8 
     - Mom and apple pie  dothemath   Jun-12-11 06:03 PM   #34 
        - In "some locales/mindsets"..yes  SoCalDem   Jun-12-11 06:53 PM   #35 
  - That period of Prosperity growth of a Middle CLass was our Legacy  OHdem10   Jun-10-11 02:31 PM   #5 
  - That certainly parallels my life of about the same time frame. A good run after  RKP5637   Jun-10-11 02:32 PM   #6 
  - It must be a regional thIng.  drpepper67   Jun-10-11 02:32 PM   #7 
  - Some people will always have more than others..  SoCalDem   Jun-10-11 02:36 PM   #9 
  - Is TN getting the business built cause it's "Right To Work" (no unions-crappy wages)?  KittyWampus   Jun-10-11 05:14 PM   #15 
  - That's probably why Volkswagen is building a new plant near Chattanooga.  drpepper67   Jun-12-11 11:45 AM   #31 
  - Unemployment rate in Tennessee is 9.6%. According to TN.  Bluenorthwest   Jun-12-11 07:52 AM   #25 
     - Maybe.  drpepper67   Jun-12-11 11:58 AM   #32 
        - What is the wait at the unemployment line?  U4ikLefty   Jun-12-11 06:55 PM   #36 
  - maybe we'll wind up living sort of like most post-soviet russians do  BOG PERSON   Jun-10-11 02:38 PM   #10 
  - K&R and thank you for writing/sharing this.  inna   Jun-10-11 03:32 PM   #13 
  - There are other countries ...  GeorgeGist   Jun-10-11 05:00 PM   #14 
  - yeah...  BOG PERSON   Jun-10-11 06:25 PM   #16 
  - What a well written piece...Thanks.  russspeakeasy   Jun-11-11 01:18 PM   #17 
  - hmm...  chervilant   Jun-11-11 06:32 PM   #18 
  - i was born in '41. my dad and my uncles were  DesertFlower   Jun-11-11 07:05 PM   #19 
  - The Middle Class was a conscious creation of federal govt policies of the '30s, '40s & '50s.  baldguy   Jun-11-11 07:09 PM   #20 
  - One important thing you forgot to note . . .  caseymoz   Jun-12-11 02:25 AM   #21 
  - K&R  burrowowl   Jun-12-11 02:38 AM   #22 
  - "this generation would not be as frugal as their parents' & grandparents' generations had been" ??  jtuck004   Jun-12-11 03:07 AM   #23 
  - Middle class Americans have the Soviet Union (and the socialist  Fool Count   Jun-12-11 04:10 AM   #24 
  - The pining for the so-called "middle class," is roughly equal to the nostalgia for manufacturing  alcibiades_mystery   Jun-12-11 08:17 AM   #26 
  - It beats the alternative, complete loss of production and the accompanying systemic  TheKentuckian   Jun-12-11 11:25 AM   #29 
     - Both alternatives are fucked and unworkable  alcibiades_mystery   Jun-12-11 11:29 AM   #30 
  - While I want desperately to dispute this grim determination. .  annabanana   Jun-12-11 08:44 AM   #27 
  - May I also add...?  End Of The Road   Jun-12-11 09:19 AM   #28 
  - The Class War continues  Puget Progressive   Jun-12-11 12:59 PM   #33 
     - richest 1% holds 42% of Americas Financial Wealth, top 5% holds 72%, bottom 80% holds only 7% >link>  dogmoma56   Jun-12-11 08:53 PM   #37 

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