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I think we have a problem in the US where we think the success that we've had since WWII was something other than an anomaly. For some reason we think that this
by nickysielicki 11y ago
I think we have a problem in the US where we think the success that we've had since WWII was something other than an anomaly. For some reason we think that this comfortable model, where if you work hard and follow the rules and go through the motions put in front of you, that you can live a comfortable life with a white picket fence, a couple children, and with one of the parents at home with the kids.
It doesn't work like that in most of the world. In spite of how interconnected we've become, we're still largely blind to the terrible conditions of hard working people who follow the rules in the rest of the world.
So now you're seeing a lot of people upset that they're following the rules and ending up in bad places-- in a lot of student debt, or unable to find jobs, or unable to find well-paying jobs. They look at their parents and grandparents and think that it must be some small systemic problem-- the 1% isn't taxed enough, or even worse, they think that it's not some systemic problem, and that this is just a result of the 2008 economic downturn.
I think the problem is a bit worse than that. I think we're on the tail end of our post-war powerup. I think we're going to try to tax our way out of it and end up with a broken country. I think we need to face some hard truths and be a bit more concerned about our national debt; a lot of people on either side don't seem to realize that a devalued dollar only hurts people that hold dollars-- you know, lower and middle class Americans. The Trumps of the world hold capital and couldn't care less about an inflated dollar.
If you click my comment history you'll see that I'm a jaded man that speaks a lot of doom and gloom, so who knows. I'm just not comfortable simplifying this as much as the article does. America can't stay on top of the world forever.
- harryh 11y agoThe first 3 graphs of your comment in chart form: https://twitter.com/BrankoMilan/status/668196138332327936 https://twitter.com/BrankoMilan/status/668196138332327936