Comments on: Want a healthy middle class? Bring back the long-term career. Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 By: urk Tue, 03 Feb 2015 13:58:34 +0000 Some of the issues highlighted here have been exemplified on the basis of personal and others’ experiences, by Linda in her book HAND TO MOUTH. It is horrifying to waste days to get tylenol tablets when a person wants to avail benefit from medicaids. When she narrates dropping leftovers near collect later..shockingly resembles beggary in India. Retaniing even patr time involves a struggle. Always on toes to report for work ‘on call’ On the whole the poor often are reduced to live a subhuman life. Tragically the rich are so physically, mentally and emotionally removed and segregated from the reality that they refuse to know the poor and poverty.
Solutions are not to be easily found easily. Globalization has brought the 1% rich from around the world integrate, monopolise and control societal resources, as they function as a syndicate –an exclusive network. The political rich act as a lobby for the corporates. It does not exclude the ’16Tprospective candidates. The former Secretary of State dashed to India for a day at the behest of a retail corporation. Their FDI proposal was approved the very next day.
The unions have been marginalised, the consumer movement seems weak. Who is the savior of the poor and the middle class? The media is the mouthpiece championing the vested interests of the rich–CRONY. A long struggle lies ahead before reincarnation of the American Dreams.

By: GeorgeBMac Mon, 02 Feb 2015 09:38:26 +0000 Yep, they nailed it…

Everything the article says is consistent with the longer term trend in corporate America: it’s focus on short term, quarterly profit over the long term stability and survival of the corporation.

By: njmarti Sun, 01 Feb 2015 22:16:03 +0000 The traditional American Union contributed. A reorganization of Unions along the European model would help. Unions need to own a greater responsibility for quality of work force and on going training. That would provide a value proposition to hire Union workers. Right to work and card check combined would make it easy to join as well as leave unions.

By: Randy549 Sun, 01 Feb 2015 17:28:24 +0000 Francophile…sigh. Yes, the website you looked at has $2-$15 on its header summary, but if you’d scrolled down hardly at all and looked at what actual diners have posted, you would have seen:

” “Prices Compared the the U.S. = Ouch”
3 of 5 stars Reviewed July 28, 2013

I try a Big Mac in every country I go to, so I had to, but… I think my Big Mac meal was the equivalent of like $20!!”

I’ve been to Copenhagen myself and eaten there, so I didn’t need to google it. And of course, whether it’s $15 or $20, the point is the same: government intervention in free markets has consequences.

BTW I did enjoy the article and it had many good points; I just disagreed with the McDonald’s situation as an example of something that’s automatically “good.”

By: urk Fri, 30 Jan 2015 16:12:31 +0000 A nation that ignores its youth and the middle class is destined to face a revolution. Yet, the state of the poor/marginalized is saddening ( their being) and their ‘becoming’ is depressing; sickening too. Hence doomed to fail, as history of early civilizations . their rise, stagnation and degeneration resulting in decay, teaches us. Is USA taking that path. The sole motto of unfettered capitalism, profit maximisation, will land the nation in quicksands.
The US used to be, as understood by many who knew well, a knowledge society. There weredays when Americans would respond instantly to research findings. Today guidelines are obtained from bosses of multinational corporations as models.
The most unfortunate trend is ignoring reeducation, making it inaccessible and forcing the poor and the middle class struggle to cope with the demands of the economic situation and fail, only to slide down.
Countries like India are on the launching pad to take off the same greedy capitalism that refuses to take a gestalt view of society. The strength of the chain lies in its weakest link, so the poor do matter. The global analysis of immigration and the role of ARRIVAL CITY by Dou Saunders exemplifies their importance.
Let not AMERICA, THE LAND OF OPPORTUNITIES try with the elements of a failing society.

By: rikfre Thu, 29 Jan 2015 21:27:54 +0000 the USA middle class has been outsourced…and the few responsible for this are now quite wealthy.

By: QuietThinker Thu, 29 Jan 2015 21:12:06 +0000 @AlkalineState I would prefer to live in Sweden over Haiti. However, most CEOs would close a U.S. plant, move the jobs to Haiti, give themselves an incredible but barely taxed bonus instead of paying dividends to the shareholders, put half their cash in the Cayman Islands and then fly to Switzerland in the company jet with the other half.

By: AlkalineState Thu, 29 Jan 2015 20:50:27 +0000 Low Tax = Haiti.

High Tax = Sweden.

Which one would you rather live in?

By: michaelryan Thu, 29 Jan 2015 16:49:54 +0000 Good article…

Corporations, their executives and their boards have destroyed America. The 1970’s were the last decade where any sort of national loyalty existed. After that – they take any advantage from the global labor pool and will continue that trend.

It would be nice to have…

1. Rank and file workers that receive annual bonuses that are equal in percentage to what the executives receive.
2. Reasonable value ratios between what an executive gets compared to the rank and file worker is paid. In 1983 the ratio was 50.. today the ratio is over 300. Here’s one of the main drivers of the wealth gap.
3. Fair taxation when comparing executives and the rank and file. (Payroll tax should be on all income not just the first 108,000. Capital gains over 500,000 should be taxed as regular income.)
4. Employers that truly care about the employee and don’t put limiting wage growth as their primary concern. How many times have the rank and file been told that the cap on raises is 3% while the executive pay goes up 50%??

Pretty soon the population will rise up against the one percent.

By: Macedonian Thu, 29 Jan 2015 05:26:04 +0000 Hyperactive and well organised 1% and Inactive disorganized 99%