General Discussion
In reply to the discussion: As homelessness overwhelms downtown Phoenix, a small business wonders how long it can hang on [View all]mackdaddy
(1,971 posts)Back in the 80s I toured dozens of closed manufacturing plants around central Ohio looking at equipment we might use in our small factory. What used to be tens of thousands of well paying jobs had just been eliminated here and sent overseas.
At the same time there are homeless encampments there are entire neighborhoods that have been left to rot in abandonment.
Our entire economic cycle has been upended and a few billionaires suck all of the capital out of the system instead of having real economic cycles of regular people making enough to afford a real life and home and the money they made was recycled back into the economy. The economic Royalty has bought our political system and been able to rig our economic system. I think we are in the end stages of this though.