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Originally Posted by mooby
Your response is weak and shows a lack of willingness to discuss in good faith.
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Thank you for your response Cred, Buffalobob.
Bob I am one of those liberals that isn't a Clinton fan, I really don't like her ties to Wall St. The paid speeches indicate she has a vested interest in seeing Wall St. succeed. As someone who hovers on the line between middle-to-lower class due to the high cost of living around here I'm not interested in solutions that make Wall St. wealthier. Trickle-down doesn't work, if you make stock prices go up the only people who benefit are ones who own stock. With all that said in hindsight I feel Clinton should've gotten my vote.
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Anybody without a head in the sand knows the quality of the middle class life in this country has went steadily downhill. I was always interested with adult things when I was a kid and loved math. In 1968 we bought a new house in a nice neighborhood in the Palm Springs area 2300 sq ft 4br 2 bath and had a pool put in. Brand new Ford Truck and brand new Volkswagen. We often ate steak, took vacations, and wore decent clothes. My dad was a traffic cop and my mom worked at what now is Target as a cashier. We were a family of 4. Parents got divorced 5 years later with the cars paid off, equity in the house, and no other debts.
Our life would not be happening anywhere in the USA in 2019 on a traffic cop and department store cashier's salary. My dad rarely worked overtime.
Why? It is probably a combination of many things, some without solutions. Offshoring of manufacturing and globalization are one of them. Wage stagnation caused by the prior in a lot of manufacturing sectors another. Illegal immigration probably contributes also to the wage stagnation. Another is even in a recession the cost of housing is still way more expensive adjusted for inflation decades ago.
Good example of cost of housing, the apartment in Orange Count Ca my grandma was paying $155 a month for in 1977 when she died now costs $1575. If that 1977 rent was just adjusted for inflation it would be $655 now.
Who do you blame that on. Back then people with a good work ethic could start training in a skilled trade starting around double minimum wage now those same jobs start trainees at minimum. I also remember buddies starting out bagging groceries at double minimum, now those are minimum wage jobs.