When has the economy ever been good, and people recognized it as such?
- Thread starter ☑︎#VoteDemocrat
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before women and blacks entered the work place, white dudes were living it up. Mad Men shows this perfectly.shyt if you were white.. the 50s is probably peak good of the usa economy
Red Shield
Global Domination
I think that was more women then blacks to be honest. Half the white pop being kept from working, then is able to really enter the workforce.
That's gonna cause serious downward pressure on wages. But yeah I agree with ya. If you were a white dude in the 50s, you were eating. And if you weren't, then you were just a complete fukkup.
DonFrancisco
Your Favorite Tio!
I think the current economic climate and how people feel about the economy has some merit. It isn't simple that the media hypes up a bad economy or a gloomy labor market, it is the fact that the labor market isn't that great. The issues stem from optimization, lean management, telecommunication ease, and automation. If you are a smart manager and companies can easily create a flexible workforce that is cheaper, leaner, and smaller. They also use more contract work at home and abroad which leads to less benefits and a smaller check.
Capitalism and our understanding of it says that the labor markets will correct itself. The problem is that, it has been a narrative for a far too long. Wages have only gone up a few dimes since before the market crash. This is the primary issue right now. If you can solve the labor market issues, then you will feel the bull market. Right now the labor markets are just terrible.
Honestly I don't know if this is the new equilibrium or if the markets are slow to correct themselves.
Capitalism and our understanding of it says that the labor markets will correct itself. The problem is that, it has been a narrative for a far too long. Wages have only gone up a few dimes since before the market crash. This is the primary issue right now. If you can solve the labor market issues, then you will feel the bull market. Right now the labor markets are just terrible.
Honestly I don't know if this is the new equilibrium or if the markets are slow to correct themselves.
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Hell read most of these old white dude bios. Like dikk cheney. Drop outs. Arrests. Failure all around.
Red Shield
Global Domination
Yeah.. but those dudes all came from fam's with connections and business/shyt to pass down.
But yeah.. a white dude would have had to have been a serious fukkup back in the 50s.
Yeah, things during the mid-late 90s were considered relatively good.
That's a lot of why Bill Clinton always has high approval ratings, people just remember being better off during his presidency. Whether that's actually because of anything he did is...debatable.
That's a lot of why Bill Clinton always has high approval ratings, people just remember being better off during his presidency. Whether that's actually because of anything he did is...debatable.