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Everyone wonders how it was that our grandfathers could graduate high school and immediately get a job that could pay for a 3-bdrm house on a 1-acre lot, with his single income. Well duh ... the population was much smaller, there was much more land available, and there was less competition for housing since the marriage rate was much higher.
Nah. I could head to my hometown and buy a perfectly livable 3/2 house on a nice wooded lot for $75k. Where I live now, it would take at least $350k and probably much more. The big difference is the number and type of jobs. If the economy is thriving, people will come seeking employment.
"Your father or grandfather with a 3rd grade education"
Ignorance is bliss
Grandfather's toady were kids in the early 50's and the VAST majority had a high school education.
I know lots of people born in the 1930s and many of them came from rural areas and many did not complete high school, but got middle class jobs in the city. Don't tell me what I know.
"
Quote:
an autoworker bought a house, a new car every two years maybe owned a 2nd vehicle or a RV,"
Autoworkers did NOT pay RETAIL for their cars. They got a HUGE DISCOUNT.
It's not a huge discount, usually was less than 15% and wouldn't explain why they could buy new cars regularly. And the funny thing is the discount today is usually much less.
Quote:
"Your brother today with a bachelors degree"
Depends on what the degree is in.
ALL 4 of my grand kids and several nieces and nephews have graduate from college within the past 3 years and ALL of the found GOOD jobs within 3 months of graduating.
That doesn't necessarily represent the college graduate workforce.
Quote:
"The factory is moving to mexico"
The U.S. is the SECOND largest manufacturing country in the WORLD.
So what? The wages have dropped. We're also like the third most populated country now and the largest consumer market and should be far and away the largest manufacturing country. There's no denying we lost 10,000s of manufactures and millions of jobs to outsourcing.
Could it have something to do with our failure to control overseas investment of our capital and lack of countervailing tariffs on imports? I suppose not. After all the FREE MARKET is supposed to take care of those things.
Everyone wonders how it was that our grandfathers could graduate high school and immediately get a job that could pay for a 3-bdrm house on a 1-acre lot, with his single income. Well duh ... the population was much smaller, there was much more land available, and there was less competition for housing since the marriage rate was much higher.
Well hadn't outsourced the majority of our manufacturing economy to third world countries and signed lousy trade deals so a high school graduate could go to work in a factory and earn a living wage.
Could it have something to do with our failure to control overseas investment of our capital and lack of countervailing tariffs on imports? I suppose not. After all the FREE MARKET is supposed to take care of those things.
The free market ends at the nation's borders. Beyond that only national interest and national security exist.
Regardless of their level of education, regardless of their work ethic, no one who lives here
...drives this to work...
...and has lunch here...
Can compete with someone who lives here...
...takes this to work...
...and eats lunch here.
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