This is part of my problem. My wife has medical issues and can't work which is exaserbated by our higher than typical medical costs. It sucked before but we managed and now it seems like the end.
The biggest issue is the need for families to have two incomes to support a houshold. Unemployment would plummet if single incomes foe the working class were feasible again,since unemployment is based on looking for employment.
HubertManne@piefed.social 3 weeks ago
Arghblarg@lemmy.ca 3 weeks ago
if jobs had living wages
But but billionaires would be slightly less obscenely rich then, oh no!
FlashMobOfOne@lemmy.world 3 weeks ago
That ship sailed under Reagan, and it’s never getting back to port, sadly. Thanks to him, families now needed two incomes.
Then, Bush and Clinton came along, and you needed not only two incomes, but two college degrees. Now, with Dubya, Obama, and Trump, not even that’s enough, and they’re capping student loans instead of regulating student loan interest, so your only real shot at being a doctor now is being born in the right zip code.
America, baby. Dig it.
ilinamorato@lemmy.world 3 weeks ago
In the event of an actual crash, a lot of these “nevers” will get re-evaluated. The New Deal consisted of a lot of “nevers” that all got passed because people didn’t want a repeat of the first Great Depression; I’d expect a similar snap-back after the second Gilded Age finally burns itself out.
FlashMobOfOne@lemmy.world 3 weeks ago
I hope you’re right.
ilinamorato@lemmy.world 3 weeks ago
Well, it’s either that or American Revolution II: Electric Boogaloo, so I hope so too.
SolidShake@lemmy.world 3 weeks ago
The new deal though is not a good deal lmao. It will literally make the rich gen richer and poor get poorer. Like I’m middle class American but still rely on summer and after school programs for my kids. What am I supposed to do when that goes away? Magically afford a daycare? Or is my 10yr or 6yr old supposed to get a job?
ilinamorato@lemmy.world 3 weeks ago
You misunderstand me, as the other comment notes. I’m talking about actual change: “The New Deal,” capitalized: the relief, reform, and recovery of the 1930s, not “the new deal,” lowercase, that they just passed.
agent_nycto@lemmy.world 3 weeks ago
Why would a new deal get rid of after school programs? If would expand on them.
Yeah man they have started rolling back those regulations for child labor.
Tollana1234567@lemmy.today 2 weeks ago
now even degrees arnt guaranteed in jobs, alot of these need grad degrees/graduate level certification to have even a chance.
selokichtli@lemmy.ml 3 weeks ago
ReaGaNoMiCS!!!
Buelldozer@lemmy.today 3 weeks ago
You can blame Reagan for a lot of things but not this and frankly even if it somehow was all his fault the Clinton Administration could have undone it.
The economy was already in trouble by the end of Lyndon Johnson’s final term in 1969. The Nixon Administration implemented some large changes trying to fix it but was unsuccessful. The Carter Administration also tried with very limited success. It wasn’t until the 1st Rise of Tech in the 80s during the Reagan Administration that things managed to get moving again. The Clinton Administration caught a lucky break with the 2nd Rise of Tech in the 90s so the streak got extended to right about 2001.
The amusing part is that Johnson, Nixon, and Carter bear no blame for the economic woes while Reagan and Clinton deserve no credit for the economic successes. They just happened to be the guy in the Oval when things happened.
Its a good chunk of the reason that everyone from Wall Street to the US Federal Government is trying so damn hard to make AI happen. They want a 3rd Rise of Tech, or something like it, in order to re-float the economy.
selokichtli@lemmy.ml 3 weeks ago
Bla-bla-blame? I don’t think this is about blaming the right or the left wing of politics. It’s about what the State is supposed to do for (as in favor of) the people. They renounced to the idea of working for the people and leave them in the hands of the oligarchy. It worked as long as the illusion and promises lasted.