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FedEx Discussions
Potential FedEx Courier,I was offered a position today.
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<blockquote data-quote="Dex01" data-source="post: 1440781" data-attributes="member: 43242"><p>Your missing the greater issue here. One upon a time working as a driver for Fedex was a solid middle class job, but as many on this board will attest to, not so much anymore. Unfortunately, this is hardly the only occupational field to suffer this fate, as half of the working populace in this country are toiling in positions that don't offer as much as a non-contributing 401(k) plan.</p><p></p><p>As i'm sure you know, the majority of what drives our economy is consumer spending, and there are less and less households with expendable income. I believe the current median household income is around 52,000. If you factor in the average amount of children per household (around 2), and the average amount of household debt, you can see where it would be very difficult for half of the families in this country to "contribute" to the economy via consumer spending.</p><p></p><p>It's great if your "making it" now, but at the end of the day the majority of your assets are probably tied into the stock market, and eventually the diminished spending power of the middle class will have dire economic consequences for this country. The devaluation of labor is already taking effect. Why do you think our economy has been dependent on a .com bubble, housing bubble, and government spending bubble in recent years? Simply put, there are just not enough people "making it" to keep the system running on its own, which is why talk of "free markets" is ultimately absurd, but that's an issue for another post. </p><p></p><p>Anyway, in summation, instead of denigrating those you construe to be "unskilled", you may want to consider being more sympathetic, as their plight will have implications for you financial well being someday soon. Unless, of course, your one of those people that has all of their money in gold.</p></blockquote><p></p>
[QUOTE="Dex01, post: 1440781, member: 43242"] Your missing the greater issue here. One upon a time working as a driver for Fedex was a solid middle class job, but as many on this board will attest to, not so much anymore. Unfortunately, this is hardly the only occupational field to suffer this fate, as half of the working populace in this country are toiling in positions that don't offer as much as a non-contributing 401(k) plan. As i'm sure you know, the majority of what drives our economy is consumer spending, and there are less and less households with expendable income. I believe the current median household income is around 52,000. If you factor in the average amount of children per household (around 2), and the average amount of household debt, you can see where it would be very difficult for half of the families in this country to "contribute" to the economy via consumer spending. It's great if your "making it" now, but at the end of the day the majority of your assets are probably tied into the stock market, and eventually the diminished spending power of the middle class will have dire economic consequences for this country. The devaluation of labor is already taking effect. Why do you think our economy has been dependent on a .com bubble, housing bubble, and government spending bubble in recent years? Simply put, there are just not enough people "making it" to keep the system running on its own, which is why talk of "free markets" is ultimately absurd, but that's an issue for another post. Anyway, in summation, instead of denigrating those you construe to be "unskilled", you may want to consider being more sympathetic, as their plight will have implications for you financial well being someday soon. Unless, of course, your one of those people that has all of their money in gold. [/QUOTE]
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