Muddling for Solutions | Mauldin Economics
...To put it succinctly, if mass unemployment characterized the Great Depression, mass under-employment characterizes today’s economy. Millions don’t earn the wages they need to live comfortably, or they aren’t able to work in the field for which they feel qualified, or they fear losing their jobs, or they’re otherwise discontented.
...I challenge you to find me an identity group (however you want to define it) that isn’t anxious and concerned that things aren’t heading in the right direction.
...much of the anger we see is felt by people who thought they would never suffer financially. They were doing well, but then something happened—a job loss, a medical crisis, drug addiction, bad investments, something pushed them down the ladder. Maybe it was their own mistakes, but they don’t like life on the lower rungs and don’t think they should be there.
...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment