velvetdrifter86 said:You forgot to mention that the cost of living was way lower back then, so $1000 wasn't really an issue.
And honestly, having 10 days off a year feels like a total luxury now for everyone getting laid off because manufacturing isn't even a priority in America anymore. Class differences have always been there; nobody’s denying that. There were directors back then just like there are today. There were people with perks then and people with perks now, whether it was through their jobs or their pensions.
There’s a huge difference between America right after the war and how things are today. Besides the massive debt and the monopolies held by retail chains, the hopelessness we see now is fueled by third-rate Treasury Secretaries and their advisors. They don't have a real strategy for economic recovery; their idea of "success" is just taking out more loans to pay off the old ones.
What communism actually left us with was less debt (regardless of what you say about lack of competition or closed markets in America), whereas today's debt (which is only going to balloon thanks to the government's amateur moves) is eventually going to be collected somehow—whether through taxes or losing land and assets.
Most of this hopelessness is being manufactured by the media, especially those so-called leftist outlets...
Strategy and recovery? Please...
The whole of "Western civilization" needs to fundamentally overhaul its entire way of thinking and doing business... There is no going back to the old ways; at best, we might see occasional or passing flashes of it. The world has moved on. Take Germany, for instance—they aren't going to bounce back easily because other nations have already "recovered." It's pretty simple. China exports more now, and whatever they produce, some German won't be able to compete with... and that's why you're seeing this recession...
I'm oversimplifying, sure, but I'm not wrong...
Even the EU suggests that we need to lower labor costs—taxes, wages, all of it—just so the "West" can stay competitive... On top of that, if you ask me, we desperately need to invest in education and pivot toward high tech... We simply won't be able to compete with the cheap labor coming out of India, China, or even Brazil... which is exactly what we're seeing play out right now...
btw, what exactly is the strategy for the American opposition???? Just getting into power? 😕🤷