General Discussion
In reply to the discussion: poor folks don't care about the stock market rally [View all]freshwest
(53,661 posts)Wall Street and Main Street, if they ever really had a healthy connection, seems to have lost it altogether. The many threads in our society, of those who work and were able to save - who are not the the enemy, or been employed by those got money to start up businesses from the firms that make up Wall Street and other groups, see their labor and efforts played with what feels like a casino.
It is not, when one considers those individuals who each and every one singly put in years of work to have the advantages they should get from that work - healthcare, homes, vehicles, education for their children (if possible) and a nest egg to retire with, usually their home, their biggest investment that sees them through their latter years without asking for help, is important.
People vote according to these things. It's hard as hell to get people to give those things up, nor should they. But the mixed system that gave us so much flexibility as individuals, public education, small loans, home loans, insurance, health care, annuities and other things to tide us through rough times, all built on the back of unions and a good manufacturing base are in disarray in many areas.
The tax base that kept up roads, schools, hospitals and services has been eroded. And hanging above it all is the sense that we have been cheated - but the fingerpointing often finds a focus that is not the real one.
From what I've seen in the last decade or more, Americans are so propagandized that they are no longer capable of seeing the big picture except the ones sold by conspiracy pundits. And they have their agendas, too.
I think the best thing we've got going is what we've always had - those who are coming up with new ideas of how to live with less, be more green and what will in the end, be an educated group of people who do go all the way to get things done.
And then the cycle begins all over again, as they will benefit from the stock market when they become the new elites that people love to hate.
Damn, it's complicated.