Bunky
Detailing Gnosis
Since many voters think we are worse off today, when do you think there peak was?
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Since many voters think we are worse off today, when do you think there peak was?
The death of JFK was the end of America as we knew it. He died because he tried to fight corruption at several levels. Since then we have become an oligarchy, and have not lived in a democracy since. "for the people, of the people, and by the people"...has become for the corporations, of the corporations, and by the corporations.
I think the answer depends on how old you are. To most of us the good ol' days usually refers back to when you were a teenager. For myself that would be the 70's.
I think the country changed dramatically for the worst during the 1990's. Congress passes NAFTA (remember that sucking sound coined by Ross Perot) and Congress also passed and Clinton signed the Gramm-Leach Billey that basically deregulated the banking industry that allowed them to gamble the country's banking system into disaster. This was one key factor in the second recession under Bush since we never really did recover from the dot com mess. We had to spend our way to get out of it (Bush started it, Obama continued it).
The jobs left faster after each recession as corporate CEO salaries increased and the chasing of the bottom line. The rise of the internet (ecommerce) made it very easy to export jobs. The problem was the country was not prepared to handle the displaced workers (many not trained for the jobs available) so the job growth of late has been in lower paid jobs. Of course, most consumers loved a free lunch (lower consumer prices) so they were co-participants allowing China (our economic competitor) to achieve a greater position along with owning a lot of our debt. There is nothing inherently wrong with moving manufacturing off shore but less replacing it. This means lower tax revenues from income and less economic power since a lot of the money goes back offshore so we are stuck with skimming the top. Successful companies were raided for cash and often left with unemployed workers. Congress passed retraining bills with limited successful but a number of the work force left (chronically unemployed).
I also think during the Clinton administration the parties became even more polarized - at least publically. Some may be due to Clinton's misdeeds. I always knew there were crazy people out there but it was not until the Internet that you realized how many there were.
The generation getting ready to retire will likely be better off than the generation following (Millennials) since many have benefits like pensions, etc. The American dream is dimmer. Yes, many will be successful but many more that were somewhat carried along will not.
Do you remember the 70's ??? :lol2: