Tailspin by Steve Brill

Discussion in 'Reviews' started by Penelope, Jun 2, 2018.

  1. Penelope
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    Penelope Platinum Member

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    Most Americans with average incomes have been left to fend for themselves, often at jobs where automation, outsourcing, the decline of union protection and the boss’s obsession with squeezing out every penny of short-term profit have eroded any sense of security. In 2017, household debt had grown higher than the peak reached in 2008 before the crash, with student and automobile loans staking growing claims on family paychecks.

    Although the U.S. remains the world’s richest country, it has the third-highest poverty rate among the 35 nations in the Organisation for Economic Co-operation and Development (OECD), behind only Turkey and Israel. Nearly 1 in 5 American children lives in a household that the government classifies as “food insecure,” meaning they are without “access to enough food for active, healthy living.”

    Beyond that, too few basic services seem to work as they should. America’s airports are an embarrassment, and a modern air-traffic control system is more than 25 years behind its original schedule. The power grid, roads and rails are crumbling, pushing the U.S. far down international rankings for infrastructure quality. Despite spending more on health care and K-12 education per capita than most other developed countries, health care outcomes and student achievement also rank in the middle or worse globally. Among the 35 OECD countries, American children rank 30th in math proficiency and 19th in science.

    How Baby Boomers Broke America

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    a lot had to do with the Vietnam war in my opinion, those in college didn't get drafted, or those with money got a doctors excuse, those also married with a child, This is when the richer got ahead of those that were not in college. When the draft was over , the war was over. Those in college were not draft dodgers, those who went to Canada and didn't show up were draft dodgers. Also many joined the reserves or guards which did not go to war if you could get in.

    The rich get richer and the poor just get poorer.

    How the draft would be today. I don't believe that article, today the poor would be the first to go to war.

    How The Draft Has Changed Since Vietnam
     
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    Last edited: Jun 2, 2018
  2. TroglocratsRdumb
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    TroglocratsRdumb Gold Member

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    We spend trillions on benefits for the poor.
    We provide free housing, free education, free food, and free healthcare.
     
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  3. iamwhatiseem
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    iamwhatiseem Gold Member

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    One thing for you to think about.... George Soros, and other $billionaire investors like him.... are what drive companies to reduce their cost - at all cost. ANYTHING to drive up share prices.
    The investor class are what is destroying the middle class. PERIOD.
    And the investor class is made up of elitist on both sides.
     

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