who are responsible for lower wages and a shrinking middle class

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  • I don't have any economical substantiation for this, but I think with modernization, there are more opportunities available than in the past, at least that's what I believe to be one of the reasons I am better off than the generations before me. I only made a contrast between myself and previous generations, not against the average citizen - it's a good question but there are just too many factors at play for me to make a valid conclusion

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    • I don't know what age group you are, but millennials will be the first generation to be worse off than the one before them. The first. And considering we have to hold down multiple jobs to scrape a living when previously one man's salary - even in a factory - would be enough to pay for a home and a family, we definitely do not have it easier.

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      • I never disputed that, and as per my response to Leo, I have only been speaking for myself.

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    • Blind spot.
      Take a little time and do a little research.
      Look at the 50s, or 60s.
      A single working man could provide for an entire family.
      Buy a house, a new car.
      Expect to have that secure job until you retire.
      Put all your kids through college.
      If you were a kid who's parents weren't able to pay.
      You could pay your own way, just off part time and summer jobs.
      Can you do that now?
      Back then folks like trump, the bushes, the Koch bros.
      They were taxed at 70%
      They were still rich.
      Just not like the huge disparity we have today.
      Good for you if you are doing well.
      You're not on an island though.

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      • Terrier

        Your statements require no research, nor have I formulated an opinion to the contrary.

        What I have done is, stated my own reality, and admitted, humbly so, my incapability to provide an accurate answer to the question posed to me by Leo.

        To answer your question, while I doubt I would have been able to pay my way through college with summer jobs, as my parents have done, opportunity was presented to me in the form of a bursary.

        And most certainly I'm on no island, when in this modern era, others are defying their circumstances due to opportunities that weren't available in the past.

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