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This post is idiotic and makes no sense. Are you saying nobody is employed as air traffic controllers these days? Or that nobody worked in grocery stores in 1980? Who worked in grocery stores back then?
What did the firing of Patco strikers have to do with anything other than the air traffic controller field?
Globalization started in the 60's, well before Reagan.
In 1984 one month we actually had a million jobs created!
It began a trend of union-busting, prohibiting unionizing (Wal Mart, Whole Foods), and weakening the labor market. The huge influx of illegal aliens is part of the strategy; workers willing to work for below minimum wage and no benefits. Outsourcing is in the same vein. Corporations don't want to pay benefits to workers anymore, so they're finding labor outside the native-born US pool.
A lot of illegals are willing to work, a lot of Americans would rather not or work enough to collect unemployment. Not saying illegal immigration is right by any means but if every American who could work did, there wouldn't be nearly the jobs available for illegals.
It began a trend of union-busting, prohibiting unionizing (Wal Mart, Whole Foods), and weakening the labor market. The huge influx of illegal aliens is part of the strategy; workers willing to work for below minimum wage and no benefits. Outsourcing is in the same vein. Corporations don't want to pay benefits to workers anymore, so they're finding labor outside the native-born US pool.
Actually you're wrong:
Unions peaked in the 1950's and was decelerating long before Reagan.
I would say that the majority of mainland Chinese that come to the US are students......about 360,000 are currently attending US Universities(and essentially keeping many afloat).....Per the families coming over, I would bet most are the elite, same as the fact that the Indians coming over here are top-caste, ala Brahmin, not the dark untouchables defecating in the streets in Calcutta...
In my metro Chicago, the wealthiest suburbs have the largest Asian immigrant population, ala Burr Ridge,
Naperville, and the north shore(Winnetka et al)
Were they more fortunate, or did they have a stronger work ethic? And was that because it was instilled by their parents? If so, and as you corroborate, they then instilled that into their children (Gen Xers). Why did it stop there, as I agree, parenting has contributed to the lack of it in many Millennials...
My parents grew up and lived in the depression. Our fathers fought in WWII. This group had little time to complain or vacation. They worked hard and usually we were a part of that work. Many owned small businesses and we spent hours working with them. They did not use credit cards or accumulate debt. They knew that buying a bunch of worthless crap was just that - worthless. They knew their neighbors and helped their families.
It began a trend of union-busting, prohibiting unionizing (Wal Mart, Whole Foods), and weakening the labor market. The huge influx of illegal aliens is part of the strategy; workers willing to work for below minimum wage and no benefits. Outsourcing is in the same vein. Corporations don't want to pay benefits to workers anymore, so they're finding labor outside the native-born US pool.
So very true. A lot of people like to deny this. but it is spot on.
You're interpreting it incorrectly. Look at current data first of all. Then realize that it is their families that move into those homes. It still comes back to millennials wanting their path cleared for them and expecting everyone else to foot the bill. Maybe you haven't traveled much because you'd see Asians and others doing, moving up and leaving millennials in the dust. They don't have words like millenials to use as a crutch to define themselves. They work and work darn hard. That is what life takes.
Agreed........they grew up in an era where everyone got trophies, and their parents, the boomers, were the wealthiest generation in US History(the ones that bought the McMansions)......they also went to better schools, for the most part, than any generation preceeding, and had much given to them...
All but the most important thing....a vibrant US Economy that makes its own goods and performs its own services........all that coddling does not amount to a hill of beans now......
We have just sold the US economy down the river, along with our manufacturing base, and are leaving the new generation with all our debt besides.....
Agreed........they grew up in an era where everyone got trophies, and their parents, the boomers, were the wealthiest generation in US History(the ones that bought the McMansions)......they also went to better schools, for the most part, than any generation preceeding, and had much given to them...
All but the most important thing....a vibrant US Economy that makes its own goods and performs its own services........all that coddling does not amount to a hill of beans now......
We have just sold the US economy down the river, along with our manufacturing base, and are leaving the new generation with all our debt besides.....
Good work if you can get it..
Can't raise a family selling trinkets on EBAY..
I always wonder why it seems the millennials themselves get blamed for being 'coddled.'
They weren't handing out participation trophies to themselves.
New census data confirms what many already knew, the Millenia generation is far richer than any of the follow on generations. Their nearest competitors for wealth are the decenials, and wealth rapidly declines in the next several generations, with the GEN Bs (18-34) holding almost no wealth at all. Calls for redistribution of assets have met with overwhelming criticism from Milenias, typified by Bob Average, "We worked our @sses off, and saved for a life time, of course we have more wealth than those just starting out..."
In other news, the sky is still blue, and the sun once again rose in the East.
REwritten AP feed...2030
The Chinese miracle of the early part of the century is gone.....China has just dropped down to the 6th largest economy, as pollution, crime, and unrest cause an essentially complete shutdown of their economy.
My "article" is about as unlikely to happen as yours....unless the millennials get rich by making the worlds' apps...who knows, could happen though......
The reality right now, today's article, is that the vast majority of those soon to retire have very little to fall back on, and will have to work those retirement years away to survive......
Let's all pray that things work out, but not looking very good for future retirees, if their current savings bode any indication of the quality of their aforementioned retirements..
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