4 ms·

> The surprise that is coming is that the working class won't tolerate being robbed in the next financial crisis. If that's true, then why is the current gover

> The surprise that is coming is that the working class won't tolerate being robbed in the next financial crisis. If that's true, then why is the current government working hard to remove any protection (however meager it is/was) to prevent the same mistakes from happening all over again? If the working class has no tolerance for these things, then it definitely isn't reflected in the people the working class has elected to 'represent' them.

perfmode 8y ago
do you really believe that representatives controlling these knobs care about the true concerns of the working class?
HashThis 8y ago
The USA government has been selling out US citizens for decades (except the priviliged classes) The US government hasn't fixed it self, and won't.
phil248 8y ago
The "current government" is barely functional. I'd point to changes like the unpopularity of tax breaks for the wealthy, the increasing embrace of democratic socialism and the leftward shift of the Democratic party as signs that the American public is going to be far less forgiving the next time around.
prolikewh0a 8y ago
>If that's true, then why is the current government working hard to remove any protection (however meager it is/was) to prevent the same mistakes from happening all over again? I find your average worker doesn't really pay attention to the day-to-day news/politics (especially regulations & individual votes, media doesn't cover this either and nobody watches CSPAN) but by now knows that in 2008 the bankers & wall street — the people who put us in such predicament in the first place — got an enormous bail out that went to already super rich executive & CEO bonuses, but the working class lost their homes & jobs and received absolutely nothing. I don't think think it will go that way the next time it happens.
- HashThis 8y ago
  The average citizen not paying attention will stop when the next financial crisis hits.
  - village-idiot 8y ago
    History repeats itself. The peasants, sorry workers, are peaceful and complacent right up until they really aren’t.
  - craftyguy 8y ago
    Only briefly, and then promptly forget when things start looking good again. "It couldn't possibly happen again, we're better/bigger/smarter than last time. So we have nothing to worry about, no reason to put in safety guards/regulations!" - Humans throughout history.
noobermin 8y ago
The working poor did not vote for Trump more than they didn't vote. But even if you break down the vote by income, more wealthy folk voted for Trump and poorer people voted for Clinton, but more importantly, most of them didn't vote because they reckoned that neither choice affected them. I never understood this argument that poor people voted in Trump especially because it does square with exit poll data. I do think some people voted for Trump as essentially accelerationism, but unless the Democrats and the media apparatus succeed again in disenfranchising an actual left candidate in 2020 (which is always possible) the tide could turn.
- pjmorris 8y ago
  Could you provide some citations for your claims (e.g. 'poorer people voted for Clinton')? If you do, I'll go look up my old sources. It's been awhile, but I came away with the impression that economic hardship was one of the drivers behind the election result.
  - deleted 8y ago
    [deleted]
antt 8y ago
>If the working class has no tolerance for these things, then it definitely isn't reflected in the people the working class has elected to 'represent' them. Because regardless of what you hear median income is the highest it's ever been: https://seekingalpha.com/article/4203346-july-2018-median-household-income https://seekingalpha.com/article/4203346-july-2018-median-ho... This is the first time that the real median hourly wage for full time employees is higher than it was in 1968.

perfmode 8y ago

do you really believe that representatives controlling these knobs care about the true concerns of the working class?

HashThis 8y ago

The USA government has been selling out US citizens for decades (except the priviliged classes) The US government hasn't fixed it self, and won't.

phil248 8y ago

The "current government" is barely functional. I'd point to changes like the unpopularity of tax breaks for the wealthy, the increasing embrace of democratic socialism and the leftward shift of the Democratic party as signs that the American public is going to be far less forgiving the next time around.

prolikewh0a 8y ago

>If that's true, then why is the current government working hard to remove any protection (however meager it is/was) to prevent the same mistakes from happening all over again? I find your average worker doesn't really pay attention to the day-to-day news/politics (especially regulations & individual votes, media doesn't cover this either and nobody watches CSPAN) but by now knows that in 2008 the bankers & wall street — the people who put us in such predicament in the first place — got an enormous bail out that went to already super rich executive & CEO bonuses, but the working class lost their homes & jobs and received absolutely nothing. I don't think think it will go that way the next time it happens.

HashThis 8y ago
The average citizen not paying attention will stop when the next financial crisis hits.
- village-idiot 8y ago
  History repeats itself. The peasants, sorry workers, are peaceful and complacent right up until they really aren’t.
- craftyguy 8y ago
  Only briefly, and then promptly forget when things start looking good again. "It couldn't possibly happen again, we're better/bigger/smarter than last time. So we have nothing to worry about, no reason to put in safety guards/regulations!" - Humans throughout history.

noobermin 8y ago

The working poor did not vote for Trump more than they didn't vote. But even if you break down the vote by income, more wealthy folk voted for Trump and poorer people voted for Clinton, but more importantly, most of them didn't vote because they reckoned that neither choice affected them. I never understood this argument that poor people voted in Trump especially because it does square with exit poll data. I do think some people voted for Trump as essentially accelerationism, but unless the Democrats and the media apparatus succeed again in disenfranchising an actual left candidate in 2020 (which is always possible) the tide could turn.

pjmorris 8y ago
Could you provide some citations for your claims (e.g. 'poorer people voted for Clinton')? If you do, I'll go look up my old sources. It's been awhile, but I came away with the impression that economic hardship was one of the drivers behind the election result.
- deleted 8y ago
  [deleted]

antt 8y ago

>If the working class has no tolerance for these things, then it definitely isn't reflected in the people the working class has elected to 'represent' them. Because regardless of what you hear median income is the highest it's ever been: https://seekingalpha.com/article/4203346-july-2018-median-household-income https://seekingalpha.com/article/4203346-july-2018-median-ho... This is the first time that the real median hourly wage for full time employees is higher than it was in 1968.