Almost TWENTY yrs ago (in 2006), I predicted we were about to go into another Depression. I now call this DEPRESSION 2.0 The proposals I've developed are the ONLY way to solve problems that now face the USA. CLICK on "START YOUR JOURNEY HERE" TO your top right! Just like the "Great War" EVENTUALLY became known as "World War I", ONLY during the Second World War, I have now started to call this the SECOND Great Depression for this reason. I call this "DEPRESSION 2.0"
Thursday, March 20, 2025
The new normal. Written on 9/25/11
Title: The new normal. Written 9/25/11
Here's a question., Do you really think you are better off then you were 10 years ago?
How about 20 years ago?
I remember my now deceased mother. When she first made $10,000 per year she celebrated. Now $10K/year is way below the poverty level.
Our society is now divided into two societies. The haves and the have-nots. Our country's media and news organizations show us the haves. They are the people who live in manhattan, who pay $3,000 per month for their apartment and have incomes of over a quarter of a million dollars per year. These are the people who have political representation and advocates from the Republican party
The Have-nots in this country are not as lucky. Their representatives are NOT as powerful, and not as vocal, yet they are way more of the country.
There are several causes of these conditions
A) educational inequality. See xxx in blog.
B) job outsourcing / a lack of corporate governance or ETHICS
C) corporate greed
D) lack of fair tax situation millionaire's no/lax taxes and loopholes (the GE tax loops )
E unfair political system favoring the wealthy -unfair and due influence
f) lack of jobs paying a living wage
G) lack of manufacturing and the remaining reliance on "service sector " jobs.
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