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re: 51% of 30 year olds make more than their parents did at 30;down from 92% in 1970
Posted on 12/9/16 at 7:14 am to GetCocky11
Posted on 12/9/16 at 7:14 am to GetCocky11
Globalization of the economy at work. To have expected a different result would have been foolish. No politician can bring back the bulk of those gone high wage jobs without drastically changing our present international trade agreements. The collateral economic damage from new protectionist policies would offset any potential gains in domestic employment not to mention the sticky little wicket of our status as a debtor nation which horribly complicates the equation and makes our present options pretty much to continue in the path we are on at present.
tl/dr: Done deal, ain't changing, get used to it and prepare for this trend to continue.
tl/dr: Done deal, ain't changing, get used to it and prepare for this trend to continue.
This post was edited on 12/9/16 at 7:16 am
Posted on 12/9/16 at 7:19 am to soccerfüt
quote:
not to mention the sticky little wicket of our status as a debtor nation which horribly complicates the equation
The federal government has virtually always been a debtor nation.
Whether to have a rolling debt or not has been an issue since the constitutional convention.
Posted on 12/9/16 at 7:20 am to soccerfüt
quote:
Done deal, ain't changing, get used to it and prepare for this trend to continue
And this is where I agree more money needs to be spent on education.
If job markets are demanding higher educated employees, they ought to be taught something fricking worthwhile. Wasting 1-2 years on general requirement courses is a sham. Should have learned that in HS. Should colleges have stricter admission policies? When I went to LSU, all you needed was a 2.7 GPA a 19 on your ACT..is that really the calibre of students that LSU wants?
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