What do you think thr 1950s was? The giant boom following USA government subsidies of the middle class, courtesy of FDR. The 1950s had a raging lack of equality, and were in part sustained on the backs of women, but that’s another discussion. It would not have happened at all, in any format, without government subsidy.
From FDR to 1981, an American middle class was subsidized. American labor was valued. You could say it was one of our best commodities, for everyone concerned.
Then, in 1981, the format switched. The idea was, the most financially efficient way to run America was to subsidize the investors and corporate. As such, the wealth would then trickle down to all parts of society, enriching the nation as a whole with this fantastical efficiency. Subsidizing the middle class was systematically broken, overturned, and the subsidies were then given to investors and corporate.
American labor was systemically devalued.
Which brings us to present day. Biden did start to pick away it the 1981-2020 travesty, but fixing broken things takes time, and this broken thing will take more than a couple years to fix. Some teamsters got to keep their retirement, infrastructure will slowly feed us in years to come, but it’s not enough, and it’s certainly not something that even helps most of our day to days as of yet.
Well, that ended this year.
And now we have the people subsidized and grown fat from the 1981-2020 structure in charge.
What will happen next?
Will American labor regain its value? Will we subsidize a middle class instead of the upper tier of individuals, the very people running the show now, going forward? Or will we all be financially squeezed even further beyond our capacities?
What do you think thr 1950s was? The giant boom following USA government subsidies of the middle class, courtesy of FDR. The 1950s had a raging lack of equality, and were in part sustained on the backs of women, but that’s another discussion. It would not have happened at all, in any format, without government subsidy.
From FDR to 1981, an American middle class was subsidized. American labor was valued. You could say it was one of our best commodities, for everyone concerned.
Then, in 1981, the format switched. The idea was, the most financially efficient way to run America was to subsidize the investors and corporate. As such, the wealth would then trickle down to all parts of society, enriching the nation as a whole with this fantastical efficiency. Subsidizing the middle class was systematically broken, overturned, and the subsidies were then given to investors and corporate.
American labor was systemically devalued.
Which brings us to present day. Biden did start to pick away it the 1981-2020 travesty, but fixing broken things takes time, and this broken thing will take more than a couple years to fix. Some teamsters got to keep their retirement, infrastructure will slowly feed us in years to come, but it’s not enough, and it’s certainly not something that even helps most of our day to days as of yet.
Well, that ended this year.
And now we have the people subsidized and grown fat from the 1981-2020 structure in charge.
What will happen next?
Will American labor regain its value? Will we subsidize a middle class instead of the upper tier of individuals, the very people running the show now, going forward? Or will we all be financially squeezed even further beyond our capacities?
We will have to wait and see.