40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’
2 years ago by return2ozma to c/news
“There's this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.
They weren't lucky. They voted for people that removed all the guardrails that enabled their success.
This is the important detail. Europe was destroyed and the USA was able to flourish. Opportunities existed that will likely never exist again. Capitalism has never been as great as it was in the USA post-WWII.
They had too. They couldn't get rich if they had to pay workers what they were paid when they were starting out.
Not mutually exclusive.
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I had dinner with my mom last night. She told me she made $2.20/hr as a waitress in 1972. Not including tips.
That's the equivalent of over $16/hr now.
The boomers have no idea how lucky they were. And they fucking wasted it.
save