Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

THE Middle Class Thread (merged)

What's on your mind?
General interest discussions, not necessarily related to depletion.

Re: How the Middle Class Slowly Evaporated in the Last 40 Years

Unread postby Sixstrings » Wed 31 Mar 2010, 19:51:56

$this->bbcode_second_pass_quote('Tyler_JC', 'P')eople have been making the argument that productivity is bad for centuries and they've been wrong every single time.

Think of how many millions of jobs exist today that weren't even dreamed of by our parents generation.

Making the American economy less productivity would NOT increase employment. If we banned ATMs, would the gains to bank employees offset the costs to everyone else? If we banned the sale of slice bread would the gains to bakers offset the losses to everyone else?


Historically, you're certainly correct as far as total number of jobs. Although one could argue maybe that paradigm has broken down, we do have 20% real unemployment right now -- something is causing that. And I think it could also be argued that increasing productivity via automation has lowered the quality of jobs (we have a lot of part-time McJobs in this country).

But I'll agree with you that looking at the numbers, automation hasn't destroyed jobs in the aggregate. What I've been posting about here though is a future critical mass of productivity via automation -- at some point, it will have an effect. This has a lot to do with Moore's law, and the exponential expansion of what kinds of labor computers are able to do.

I just think that at some point, very high levels of automation capability has to have the effect of adding to the population -- the problem though is that mechanical and computer automated labor doesn't consume very much compared to human labor. A human bank teller spends his or her annual salary on consumables, adding value to the economy at large. An ATM consumes nothing but electricity (along with employing some Asian workers who made the ATM, and a few American techs to service the machines).

Now, of course I'm not suggesting shutting down tech -- that would be communism, ripping out technology to create makework for people. And as I said this hasn't reached critical mass yet, so our present and near term problem has a lot more to do with cheap foreign human labor than automated labor.

So, since it will never make sense to rollback technology (assuming no peak oil collapse here), then the only solution will be a social system of wealth redistribution.

And this isn't sci-fi by the way, we have factories in this country right now that are almost entirely automated, with only a few human technicians to maintain the equipment.
User avatar
Sixstrings
Fusion
Fusion
 
Posts: 15160
Joined: Tue 08 Jul 2008, 03:00:00

Re: How the Middle Class Slowly Evaporated in the Last 40 Years

Unread postby FairMaiden » Thu 08 Apr 2010, 15:35:17

I am trying unsuccessfully to read "world made by hand"...I know it's fiction but knowing how the author believes it is not only possible but probable makes it difficult. I don't see that happening. I made an electric windmill as a high school science project, I really think he under-estimates the ingenuity of mankind. I am not an engineer or anything special - just an office manager.

But even if you don't see that world, how can robots/machines/automation continue to be cheaper in the future as the price of energy increases? Metals are in limited quanitity as well - so as scarcity sets in, the price should start to slow large scale production on machines, no? I mean, they are only better when they are cheaper...but they aren't cheaper if you can't get the metal and energy to build them and keep them going...
User avatar
FairMaiden
Lignite
Lignite
 
Posts: 368
Joined: Thu 11 Aug 2005, 03:00:00
Location: Vancouver, BC

Re: How the Middle Class Slowly Evaporated in the Last 40 Years

Unread postby bshirt » Sat 10 Apr 2010, 06:43:46

[quote="Loki
I disagree strongly. We don't need communism, we just need politicians and industrialists who don't sell out their country for a quick buck. To begin with, we need to pull out of "free trade" agreements, institute strong tariffs, and slap big penalties on companies that send jobs overseas. Corporate globalism is responsible for gutting our industrial base---Ross Perot's great sucking sound has turned into a roar in the last 15 years.

We should also be much more aggressive about monopoly busting and encouraging small business. The latter can be done in a variety of ways, but preventing unfair competition from the Walmarts of the world is a good start. I've also been hearing talk of creating state-owned banks modeled on North Dakota's in order to provide funding for small businesses since the big banks can't be bothered. Granted, that's a socialist solution, but it's not the kind of centralized authoritarianism you're talking about. It's actually designed to help out small businesses compete in a market heavily skewed by megacorporations.

And last but certainly not least we need to end mass immigration. Anyone who suggests this is automatically labeled a racist xenophobe by liberal types, but it is absolute insanity to continue importing tens of millions of people while the number of jobs is stagnant or declining. I always find it ironic that ultraliberals support the same exact immigration policies as anti-union hyperconservatives. And let's not even talk about the environmental impact of increasing our population as rapidly as we are, due almost entirely to mass immigration.[/quote]

Wow.....what a great post.

100% on the money. Bringing in 100's of thousands of Mexicans a year is simply insane (except to the corporate Nazi leaders). How long can free education, healthcare, welfare, food stamps, etc, etc, be expected to last?

Sadly, I don't expect our politicians to magically have a change of heart any time soon. They're already bought and sold by the banksters/corporations.

I guess the only way out I can think of is a total and complete meltdown. Short term pain for a long term desperately needed purging.
User avatar
bshirt
Tar Sands
Tar Sands
 
Posts: 502
Joined: Sat 23 Dec 2006, 04:00:00

Re: How the Middle Class Slowly Evaporated in the Last 40 Years

Unread postby Sixstrings » Sat 10 Apr 2010, 09:56:05

$this->bbcode_second_pass_quote('FairMaiden', 'I') am trying unsuccessfully to read "world made by hand"...I know it's fiction but knowing how the author believes it is not only possible but probable makes it difficult. I don't see that happening. I made an electric windmill as a high school science project, I really think he under-estimates the ingenuity of mankind. I am not an engineer or anything special - just an office manager.


To be fair to Kunstler, it is a novel and as such is just a work of fiction. Nobody should take "World Made By Hand" as peak oil gospel. From reading some interviews with Kunstler, it appears his goal was to present a different view of how life might be without endless growth / suburban sprawl / 4,000 mile caesar salads.

So while it is just one work of fiction, I do agree with you that Kunstler doesn't seem to acknowledge just how crafty people can get in the midst of shortages. You can see this today in Cuba.. the island is full of ingenuous car mechanics, they've managed to keep those 1950's cars running to this day. So expect a lot of that if we ever experience shortages, you'll have a lot of people keeping things working with just rubber bands and spit.
User avatar
Sixstrings
Fusion
Fusion
 
Posts: 15160
Joined: Tue 08 Jul 2008, 03:00:00

Middle Class Game Is Up: Heading to a Slave Labor Planet

Unread postby Sixstrings » Sun 25 Apr 2010, 05:48:52

$this->bbcode_second_pass_quote('', 'B')ut the ultimate accomplishment of the already rich, the newly rich and the corporate rich, has been their global solidarity on the corporate/financial front. It's been a long run up to globalism, but the rich have great patience. As an American, all my life I've heard their chief mouthpiece, the president of the United States, beginning with Eisenhower, right on up through Kennedy, Reagan, Ford, Carter and Bush, and now Obama, sing the same song. Which goes moreover like this:

"Trade is the road to peace. Commerce and business know no national boundaries. They link nations together on productivity, creating jobs and peace across the world."
It sounded good at the time. Who would have thought that the people enjoying all this harmony and peace brought about through globalization would be enjoying it in a one big happy planetary work gulag?

(snip)

Thanks to globalization, the American, Australian and European working classes are on their way to extinction, in terms of their traditional rights, and quality of life. Just like the workers being poisoned to death by circuit board toxins in Guiyu, China, their fates will be determined by global capital, either by default or by bitter struggle against it.

(snip)

Between the corporate and financial elites and the slobbering masses stands the American Information Class -- the reporters, talking heads, news anchors and pundits. In short, the entire gaggle of meat puppets and journalism hacks who have been cultivated and bred to be clueless by the university industry and others serving our corporate empire.

(snip)

Even if CNN decided to send Coop to Guiyu to cover the blood poisoned worker women with the deformed children, the result would be the same. The guy in Cedar Rapids would see further proof that "Me live in best place in world. Got Cheetos." Or perhaps a nice Cotes du Rhône if you are a member of the commodity drugged educated faux middle class.

And I wanna say to them: "Not for much longer, buddy. Not much longer. And you can thank Anderson Cooper and a helluva lot of other people like him who do not have a clue, but nevertheless inhabit your very mind, for that."
http://www.alternet.org/module/printversion/146569


This was written by Joe Bageant.. I actually thought it was Kunstler until I noticed the byline. A good rant here, certainly more direct and darker than what Bageant usually writes (he must be upset, his stuff usually has a lot more humor).

And he's right, of course. The global financiers control the world's capital, and globalism is within their best interest. There seems to be nothing that can stop it.. I read articles in UK papers about the immigration problem there, so many low wage foreign workers are in that country now that native Brits cannot find work. Gee, sure sounds familiar -- we have the same thing going on over here.

Most poignantly, a young British woman has committed suicide after putting in 200 job applications since graduating Uni. She trimmed down her expectations over and over, on down to cashier work, and yet she still couldn't find a job.

I heard an incredible number on CNN the other day.. it was either 300,000 or 500,000 teachers that they expect to get laid off nationwide in the next year. It's like there's a global war on decent jobs. And it's not just globalism to blame, some disagree with me but I really think we're hitting the upper reaches of sustainable industrial / service productivity (not talking about resources, rather the fact that people have to have work to afford to buy what the economy produces).

I've read some economists who agree with my line of thinking, they point out that it's really productivity that destroys jobs, rather than globalization. Whichever is worse it doesn't matter, they're just two factors of many that are lined up against the working classes of the first world.

The only exception I'd take with Bageant's article is that he's lumped Australia in with Europe and America. I tend to think Australia's future will remain rosy for the foreseeable future -- their population is low, they have lots of land and natural resources, and they have a solid place in the Chinese manufacturing supply chain.

But other than Australia, the US and UK and most of Europe just seems toast to me.
User avatar
Sixstrings
Fusion
Fusion
 
Posts: 15160
Joined: Tue 08 Jul 2008, 03:00:00

Re: Middle Class Game Is Up: Heading to a Slave Labor Planet

Unread postby Cloud9 » Sun 25 Apr 2010, 07:34:27

Australia lies awfully close to China. You are assuming as China’s star rises in the east they will remain benevolent.
User avatar
Cloud9
Intermediate Crude
Intermediate Crude
 
Posts: 2961
Joined: Wed 26 Jul 2006, 03:00:00

Re: Middle Class Game Is Up: Heading to a Slave Labor Planet

Unread postby MarkJ » Sun 25 Apr 2010, 07:46:36

$this->bbcode_second_pass_quote('', 'I') heard an incredible number on CNN the other day.. it was either 300,000 or 500,000 teachers that they expect to get laid off nationwide in the next year. It's like there's a global war on decent jobs



We've cut many teachers, staffers and programs as well as many city/county/village jobs, hours and services since residents can't afford higher property taxes.

Some areas have closed schools, or consolidated since school populations have dropped as well. One school system had over 600 job applicants for two available teaching positions.

The Blue Cross Blue Shield Indemnity health plans alone cost taxpayers over $25,000 per teacher, per year in several school districts.

We also have many city/county/village workers that aren't necessary, or not needed on a full-time basis.
User avatar
MarkJ
Tar Sands
Tar Sands
 
Posts: 649
Joined: Tue 25 Mar 2008, 03:00:00

Re: Middle Class Game Is Up: Heading to a Slave Labor Planet

Unread postby americandream » Sun 25 Apr 2010, 07:55:32

Me suspects this fellow is in thrall of the Chinese economy.

$this->bbcode_second_pass_quote('Cloud9', 'A')ustralia lies awfully close to China. You are assuming as China’s star rises in the east they will remain benevolent.
americandream
Permanently Banned
 
Posts: 8650
Joined: Mon 18 Oct 2004, 03:00:00
Top

Re: Middle Class Game Is Up: Heading to a Slave Labor Planet

Unread postby Sixstrings » Sun 25 Apr 2010, 08:49:00

$this->bbcode_second_pass_quote('americandream', 'M')e suspects this fellow is in thrall of the Chinese economy.


Well, it's not that China is all that -- they're just prepared to undercut us no matter what it takes. Some of their workers are making 50 cents per hour. Add to that, they have a stated policy of undervaluing their currency in relation to the dollar. We can't win.. if Chinese wages rise, they'll devalue their currency. If our dollar falls, they'll devalue their currency.

They will always be able to beat us. We can't win on their terms, unless we're willing to put 15 year olds to work for 50 cents on the hour, 60-90 hours per week, or unless we're willing to scrap all pollution and workplace safety standards.

That's what Bageant is talking about in the article I linked, the Chinese are willing to industrially poison their own people if that's what it takes to offer the cheapest products.

And as long as China can undercut us, Australia will share in the rewards -- Oz has what, 22 million compared to China's billion plus? From just the natural resources Australia can provide to China, their small population will be able to continue to enjoy a high standard of living.
User avatar
Sixstrings
Fusion
Fusion
 
Posts: 15160
Joined: Tue 08 Jul 2008, 03:00:00
Top

Re: Middle Class Game Is Up: Heading to a Slave Labor Planet

Unread postby SeaGypsy » Sun 25 Apr 2010, 09:21:54

To some extent the guy is right about Australia.
Despite being a huge country with abundant resources, Australia is far from all rosy.
An ordinary family in Australia can barely exist on 1 full time ordinary working class wage. Certainly not run a car after living expenses.
I will break it down for you as simply as I can.
If you live and work on the South East Coast of Australia along with the other 90% of the population, an unskilled full time job will earn you $600 after tax per week, semi skilled about $800 and trades about $1000.
Rent for an ordinary 3 bedroom suburban house in employment areas is average $350 starting price per week. To buy, best part of half a million. Factor a deposit of 10% and you can see why the government keeps dishing out 1st home buyers grants.
If you work in the mines the money goes like this: about $70k for a low skilled, $120k ticketed and $140k+ full professional. For this you will be out in the middle if nowhere risking your life for 12 hour day/ night shifts for 2 weeks then home for a week, with 6 weeks annual leave.
So what happens is the people with the fat $ jobs and families take half million dollr mortgages and pay half of their wage into them for 15 years. By which time there has usually been a divorce and there are some very unhappy people around.
This is why myself and thousands of other remote workers have homes in Asia.
Here at home my rent in $100 a month. Beers are 60 cents. Smokes are 30 cents.
I earn more in one day working in Australia than my 3 Filipino tradesmen uncles earn in a week put together.
So if I stay in Australia, I can just afford to keep working. If I live simply there and save, I can spend up to half my time in Asia, island hopping.
To me it's a no brainer.
SeaGypsy
Master Prognosticator
Master Prognosticator
 
Posts: 9285
Joined: Wed 04 Feb 2009, 04:00:00

Re: How the Middle Class Slowly Evaporated in the Last 40 Ye

Unread postby Serial_Worrier » Tue 27 Apr 2010, 20:42:46

$this->bbcode_second_pass_quote('Sixstrings', 'H')istorically, you're certainly correct as far as total number of jobs. Although one could argue maybe that paradigm has broken down, we do have 20% real unemployment right now -- something is causing that. And I think it could also be argued that increasing productivity via automation has lowered the quality of jobs (we have a lot of part-time McJobs in this country).


The problem isn't the McJobs.... there were plenty of menial jobs in 1910. The problem is that people are AWARE of all those nice jobs in the professional arena where people tote their iPhones around all day. It makes the mcJob workers feel depressed, thinking they've been left behind to do the boring, drudge work. In many ways people were happier a 100 years ago because "ignorance is bliss".
User avatar
Serial_Worrier
Heavy Crude
Heavy Crude
 
Posts: 1549
Joined: Thu 05 Jun 2008, 03:00:00
Top

Re: How the Middle Class Slowly Evaporated in the Last 40 Ye

Unread postby Ludi » Tue 27 Apr 2010, 21:23:31

$this->bbcode_second_pass_quote('Serial_Worrier', '
')In many ways people were happier a 100 years ago because "ignorance is bliss".



I'm pretty sure folks were aware of the rich guy tooling by in his automobile while they walked.
Ludi
 
Top

Re: How the Middle Class Slowly Evaporated in the Last 40 Ye

Unread postby mos6507 » Tue 27 Apr 2010, 22:30:22

$this->bbcode_second_pass_quote('WildRose', '
')stores moving to automated checkouts


Now that one really bugs me. How the hell can you trust people not to shoplift? Those automated checkout lanes are a joke. They have to have someone man a station just to watch over them at Home Depot.

Online banking, now that I use. Took me a while to learn to trust it, but I've saved a lot of time and money not having to write and mail checks for bill-pay.
mos6507
 
Top

Re: How the Middle Class Slowly Evaporated in the Last 40 Ye

Unread postby mos6507 » Tue 27 Apr 2010, 22:36:05

$this->bbcode_second_pass_quote('Serial_Worrier', '
')The problem isn't the McJobs.... there were plenty of menial jobs in 1910. The problem is that people are AWARE of all those nice jobs in the professional arena where people tote their iPhones around all day.


Is it really that bad? There are whole classes of jobs that americans just refuse to do, even with the recession. That's where the illegals step in. I'm not saying illegals are a good thing, but it is a codependent relationship that has been set up via the increased decadence of american society that feels they have to get a white collar job or not work at all. So if by McJob you're talking about data entry temp work at a bank or something, that's still a step up from cleaning toilets or picking strawberries, or a lot of the gruelling factory work during the robber baron days 100 years ago.
mos6507
 
Top

Re: How the Middle Class Slowly Evaporated in the Last 40 Ye

Unread postby Keith_McClary » Wed 28 Apr 2010, 02:27:04

$this->bbcode_second_pass_quote('mos6507', 'T')hose automated checkout lanes are a joke. They have to have someone man a station just to watch over them
There's never a line-up at the automated checkout lanes at Walmart. If you just act stupid, the nice lady will rush over and do it for you.
Facebook knows you're a dog.
User avatar
Keith_McClary
Light Sweet Crude
Light Sweet Crude
 
Posts: 7344
Joined: Wed 21 Jul 2004, 03:00:00
Location: Suburban tar sands
Top

Re: How the Middle Class Slowly Evaporated in the Last 40 Ye

Unread postby shortonsense » Wed 28 Apr 2010, 03:04:32

$this->bbcode_second_pass_quote('Keith_McClary', '')$this->bbcode_second_pass_quote('mos6507', 'T')hose automated checkout lanes are a joke. They have to have someone man a station just to watch over them
There's never a line-up at the automated checkout lanes at Walmart. If you just act stupid, the nice lady will rush over and do it for you.


Act?
User avatar
shortonsense
Permanently Banned
 
Posts: 3124
Joined: Sat 30 Aug 2008, 03:00:00
Top

Re: How the Middle Class Slowly Evaporated in the Last 40 Ye

Unread postby MarkJ » Wed 28 Apr 2010, 04:47:05

Hiring better performing cashiers makes more sense than automated checkout lines since human interaction is necessary for many purchases or problems.

$this->bbcode_second_pass_quote('', '[')b]Stores Count Seconds to Trim Labor Costs

SHELBY TOWNSHIP, Mich. -- Daniel A. Gunther has good reason to keep his checkout line moving at the Meijer Inc. store north of Detroit. A clock starts ticking the instant he scans a customer's first item, and it doesn't shut off until his register spits out a receipt.

To assess his efficiency, the store's computer takes into account everything from the kinds of merchandise he's bagging to how his customers are paying. Each week, he gets scored. If he falls below 95% of the baseline score too many times, the 185-store megastore chain, based in Walker, Mich., is likely to bounce him to a lower-paying job, or fire him.

The brains behind Meijer's system is a consulting and software company known for decades as H.B. Maynard & Co., which last year became the Operations Workforce Optimization unit of Accenture Ltd. Borrowing from time-motion concepts first developed for U.S. steel mills and factory floors, it breaks down tasks such as working a cash register into quantifiable units and devises standard times to complete them, called "engineered labor standards." Then it writes software to help clients keep watch over their work forces.

Mr. Guglielmi says Meijer "expects employees to be at 100% performance to the standards, but we do not begin any formal counseling process until the performance falls below 95%." If a cashier is "challenged in their position," he says, the company provides "training and counseling to help improve their performance. If this doesn't help them, there are various alternatives." He declined to elaborate.


Image



http://online.wsj.com/article/SB122651745876821483.html
User avatar
MarkJ
Tar Sands
Tar Sands
 
Posts: 649
Joined: Tue 25 Mar 2008, 03:00:00
Top

Re: How the Middle Class Slowly Evaporated in the Last 40 Ye

Unread postby Outcast_Searcher » Fri 07 May 2010, 00:13:17

$this->bbcode_second_pass_quote('MarkJ', 'H')iring better performing cashiers makes more sense than automated checkout lines since human interaction is necessary for many purchases or problems.

This may be partially true, but better software and getting folks used to the systems should help over time. I know now that with the ability to do picture lookups of produce at Kroger's, for example, that I can now get out of there mighty fast at the automated line about 99% of the time, as long as the scanner doesn't screw up. (Often times the stupid little tags fall off of produce, and I'm not memorizing some stupid 4 or 6 digit code for bananas, for example). IMO, the scanners are MUCH better at reading less than optimally shaped packages, for example, causing far less need for interaction with the cashiers at automated lines than was the case just a couple of years ago. I believe that's better software.

What I hate is that at places like Walmart, that they don't use the auto-scanners at night. So then you end up in an idiot long line, instead of having 4 auto-lines available with one cashier. I like to go at night to try to AVOID the crowds in the first place.

To MOS's earlier point, I'm guessing the issue there is shoplifting risk, as Walmart is usually fanatical about cost savings.
User avatar
Outcast_Searcher
COB
COB
 
Posts: 10142
Joined: Sat 27 Jun 2009, 21:26:42
Location: Central KY
Top

22 Statistics That Prove The Middle Class Is Being Wiped Out

Unread postby Sixstrings » Sat 24 Jul 2010, 04:17:48

$this->bbcode_second_pass_quote('', 'T')he 22 statistics that you are about to read prove beyond a shadow of a doubt that the middle class is being systematically wiped out of existence in America.

The rich are getting richer and the poor are getting poorer at a staggering rate. Once upon a time, the United States had the largest and most prosperous middle class in the history of the world, but now that is changing at a blinding pace.

1. 83 percent of all U.S. stocks are in the hands of 1 percent of the people.

2. 61 percent of Americans "always or usually" live paycheck to paycheck, which was up from 49 percent in 2008 and 43 percent in 2007.

3. 66% of the income growth between 2001 and 2007 went to the top 1% of all Americans.

4. 36 percent of Americans say that they don't contribute anything to retirement savings.

5. A staggering 43 percent of Americans have less than $10,000 saved up for retirement.

6. 24% of American workers say that they have postponed their planned retirement age in the past year.

7. Over 1.4 million Americans filed for personal bankruptcy in 2009, which represented a 32 percent increase over 2008.

8. Only the top 5 percent of U.S. households have earned enough additional income to match the rise in housing costs since 1975.

9. For the first time in U.S. history, banks own a greater share of residential housing net worth in the United States than all individual Americans put together.

10. In 1950, the ratio of the average executive's paycheck to the average worker's paycheck was about 30 to 1. Since the year 2000, that ratio has exploded to between 300 to 500 to one.

11. As of 2007, the bottom 80 percent of American households held about 7% of the liquid financial assets.

12. The bottom 50 percent of income earners in the United States now collectively own less than 1 percent of the nation’s wealth.

13. Average Wall Street bonuses for 2009 were up 17 percent when compared with 2008.

14. In the United States, the average federal worker now earns 60% MORE than the average worker in the private sector.

15. The top 1% of U.S. households own nearly twice as much of America's corporate wealth as they did just 15 years ago.

16. In America today, the average time needed to find a job has risen to a record 35.2 weeks.

17. More than 40% of Americans who actually are employed are now working in service jobs, which are often very low paying.

18. For the first time in U.S. history, more than 40 million Americans are on food stamps, and the U.S. Department of Agriculture projects that number will go up to 43 million Americans in 2011.

19. This is what American workers now must compete against: in China a garment worker makes approximately 86 cents an hour and in Cambodia a garment worker makes approximately 22 cents an hour.

20. Despite the financial crisis, the number of millionaires in the United States rose a whopping 16 percent to 7.8 million in 2009.

21. Approximately 21 percent of all children in the United States are living below the poverty line in 2010 - the highest rate in 20 years.The top 10% of Americans now earn around 50% of our national income.

22. The top 10% of Americans now earn around 50% of our national income.
http://www.businessinsider.com/22-statistics-that-prove-the-middle-class-is-being-systematically-wiped-out-of-existence-in-america-2010-7


Two statistics that really jump out:

Only the top 5 percent of U.S. households have earned enough additional income to match the rise in housing costs since 1975.

and

In 1950, the ratio of the average executive's paycheck to the average worker's paycheck was about 30 to 1. Since the year 2000, that ratio has exploded to between 300 to 500 to one.
User avatar
Sixstrings
Fusion
Fusion
 
Posts: 15160
Joined: Tue 08 Jul 2008, 03:00:00
Top

Re: 22 Statistics That Prove The Middle Class Is Being Wiped

Unread postby americandream » Sat 24 Jul 2010, 04:48:35

There will only be two classes left when globalisation is complete. Those who own capital and those who work for a bowl of rice (plus a bit of prostitution on the side to repeatedly buy the junk that's on sale).
americandream
Permanently Banned
 
Posts: 8650
Joined: Mon 18 Oct 2004, 03:00:00

PreviousNext

Return to Open Topic Discussion

Who is online

Users browsing this forum: No registered users and 1 guest

cron