Quote:
Originally Posted by Rich Iwaszko
no guts no glory............it's all about economic philosophy only
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I’ve never yet heard a theory put forth by a distinguished economist that there hasn’t been an equally distinguished economist there to tell the first economist that he/she is absolutely no clue.
Everything is relative. My father told stories of times when earning enough one day to feed the family the next was an accomplishment. I’d say that the number of Americans who have had to face that reality in the past fifty or so years is nearly nonexistent, yet the outcry from our “oppressed” workers probably eclipses that in the 1930s several times over. We pay people not to work by assuring that their unemployment “benefits” total more than they’d earn—lifesaving health care is available free of cost to anyone needing it—poverty is not defined by not having the money to purchase shoes but not being able to afford the newest and fanciest smartphone. We have created a class in this country not of the poverty - stricken or even the needy, but of the pampered and the entitled. And Joe Taxpayer gets to support them.
I was the trials endured by 1930s Americans that made them arguably The Greatest Generation. America today has no such mountain to climb, and thus no route to greatness or reason to achieve it.