The Trade: American Dream Now a Part-Time Job and an Apartment
The American Dream used to be a house to call your own that you paid for with a steady paycheck after an honest day's work. But in this post-financial-crisis nation, the dream for many now means having a part-time job and being able to rent an apartment.
And with unemployment and wages stagnant, as well as uncertainty about the costs of the new health care act for employers, the pared-down expectations may be a trend for years to come. "The quality of the jobs being added are quite low, especially relative to the jobs that were lost," said an economist from a major Wall Street investment bank, who declined to be named because he hasn't published on this trend yet. "Homeownership, especially for the younger, is quite low, showing perhaps some secular decline."
Welcome to America ,where everything is Free........or may-be all that free shit has caught up with us....
The American Dream used to be a house to call your own that you paid for with a steady paycheck after an honest day's work. But in this post-financial-crisis nation, the dream for many now means having a part-time job and being able to rent an apartment.
And with unemployment and wages stagnant, as well as uncertainty about the costs of the new health care act for employers, the pared-down expectations may be a trend for years to come. "The quality of the jobs being added are quite low, especially relative to the jobs that were lost," said an economist from a major Wall Street investment bank, who declined to be named because he hasn't published on this trend yet. "Homeownership, especially for the younger, is quite low, showing perhaps some secular decline."
Welcome to America ,where everything is Free........or may-be all that free shit has caught up with us....
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