Matt1970
Lifer
- Mar 19, 2007
- 12,320
- 3
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The problem boils down to several factors, in no particular order.
(1.) An increasingly obscene amount of the wealth produced by our society is going into the pockets of the top 1% or 5%, which means that the bottom 99% or 95% is going to be poorer and thus more dependent on government assistance.
(2.) Bad international trade and immigration policies were implemented for the purpose of allowing the top 1% or 5% to maintain a larger percentage of workers' contribution to wealth production as profit. The result has been an economic phenomenon called Global Labor Arbitrage, which is basically a merger and averaging out of the U.S. economy and labor market (and thus standard of living and quality of life) with that of the poverty of the third world. (You can do the math.)
(3.) Population explosion has worsened Malthusian forces, which means that the relative prices of limited resources are higher than what they would be if we had a lower population. When 2X the population wants to use Y amount of land, the cost of those resources on Y amount of land is going to be much higher than it is if only 1X amount of people wanted to use it.
The causes of our nation's economic decline really aren't that difficult to understand, but Americans have been propagandized to believe in a free market religious dogma and to oppose big bad evil socialism and "big gubermint".
1. That will never change as long as only 25% of our workforce actually graduates college. You are warned when still in school that a college grad will make between 15 and 20K on average and yet we still have the drop out rates we do.
2. Thank NAFTA and other crappy trade agreements that were supposed to benefit US workers but ended up giving them the shaft.
3. Irrelivant in the US economy. We are no where near overcrowding.
