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Try these, the data in the other direction is very strong: http://www.nytimes.com/2014/06/11/opinion/the-downward-ramp.html http://www.nytimes.com/2014/06/11/o
by Futurebot 11y ago
Try these, the data in the other direction is very strong:
http://www.nytimes.com/2014/06/11/opinion/the-downward-ramp.html http://www.nytimes.com/2014/06/11/opinion/the-downward-ramp....
http://economics.mit.edu/files/5554 http://economics.mit.edu/files/5554
http://www.forbes.com/sites/ericjackson/2011/04/27/how-do-you-fix-the-hollowing-out-of-the-middle-class/ http://www.forbes.com/sites/ericjackson/2011/04/27/how-do-yo...
http://www.washingtonpost.com/news/wonkblog/wp/2013/02/28/how-the-recession-turned-middle-class-jobs-into-low-wage-jobs/ http://www.washingtonpost.com/news/wonkblog/wp/2013/02/28/ho...
http://www.theatlantic.com/business/archive/2010/09/the-hollowing-out-of-americas-middle-class/62330/ http://www.theatlantic.com/business/archive/2010/09/the-holl...
Not just a US phenomenon either. Here's a UK perspective:
http://www.spectator.co.uk/features/9000951/the-missing-middle/ http://www.spectator.co.uk/features/9000951/the-missing-midd...
- CWuestefeld 11y agoI'll grant that my points are in some ways controversial. But the very fact that someone can come up with a study at all that disagrees with your argument is sufficient to prove that statements like what we're seeing in this thread - "if you're not in the top 1% you're doomed to a life of drudging misery" are absurdly exaggerated. That 1% claim is hugely absolutist, so it takes only very weak evidence that broad swathes of the country are content and even happy, to disprove the chicken little argument.
- Futurebot 11y agoSome of those statements might be hyperbolic to a degree, but it's really a question of degree, not the overall trends. My personal characterization was 'The choice is more between "member of various elite / professional jobs" and "Starbucks"', which I don't think is all that hyperbolic if you look at the actual "hollowing out" data from Autor, Stiglitz, et al. If you read only one link, make it this one: http://economics.mit.edu/files/5554 http://economics.mit.edu/files/5554 - the study is one of the universally acknowledged and well-respected around. As far as the happiness quotient for the broad swathes, I think the polls do contradict you: http://www.pollingreport.com/right.htm http://www.pollingreport.com/right.htm Edit: here's one from the AEI, a right-learning source you linked to (Tyler Cowen, a popular right-libertarian blogger's book "Average is Over" deals with this as well. Definitely worth a read if you haven't): https://www.aei.org/publication/more-evidence-average-is-over-and-the-us-middle-class-is-thinning/ https://www.aei.org/publication/more-evidence-average-is-ove...