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The Concept of a Pension Should be Offensive to People
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<blockquote data-quote="Sissy Brown Short Shorts" data-source="post: 5800571" data-attributes="member: 67435"><p>Yeah, but would you want to go back in time and shop for goods and services in 1971? Things are significantly better and significantly cheaper even though purchasing power has dropped and wages stagnated. That’s the dirty deal we made when we shipped off manufacturing to China and we became a service based economy. Better and cheaper goods at the expense of good middle class jobs. Back in ‘71 a household probably had one car, one phone, one tv and maybe went on one vacation a year. Now you have two cars, a house that’s three times larger and all the time saving and life easing appliances and gizmos you could imagine. Now you just have to determine wether or not destroying the middle class and good jobs was worth it. We could have kept manufacturing here but you’d be paying an American 2,500$ to make your iPhone or you can pay 899$ for some kid in China to make it.</p></blockquote><p></p>
[QUOTE="Sissy Brown Short Shorts, post: 5800571, member: 67435"] Yeah, but would you want to go back in time and shop for goods and services in 1971? Things are significantly better and significantly cheaper even though purchasing power has dropped and wages stagnated. That’s the dirty deal we made when we shipped off manufacturing to China and we became a service based economy. Better and cheaper goods at the expense of good middle class jobs. Back in ‘71 a household probably had one car, one phone, one tv and maybe went on one vacation a year. Now you have two cars, a house that’s three times larger and all the time saving and life easing appliances and gizmos you could imagine. Now you just have to determine wether or not destroying the middle class and good jobs was worth it. We could have kept manufacturing here but you’d be paying an American 2,500$ to make your iPhone or you can pay 899$ for some kid in China to make it. [/QUOTE]
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The Concept of a Pension Should be Offensive to People
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