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The past is a guide to the future, but no guarantee of it. Real wages, age of home ownership, age when folks decide to start a family, choose a metric that wil
by benreesman 2y ago
The past is a guide to the future, but no guarantee of it.
Real wages, age of home ownership, age when folks decide to start a family, choose a metric that will stand up to any scrutiny and the advance of broad-based welfare has been in retreat for well over a decade.
Slightly more anecdotally but still very well documented is the proliferation of homeless folks, often families now, often recently employed now, living in ever-growing tent encampments in major urban areas.
When operations research PhDs have all real constraints removed social, regulatory, and legal and arbitrarily increasing compute and governmental influence (we just the other day tore down the Chevron Deference doctrine) things get real neo-feudal, real fast.
In an era of ever increasing and compounding change, appeals to past compromises between the donor class and the working person are just talking points. All I hear is “got mine”.