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In reply to the discussion: A cartoon that isn't funny [View all]HughBeaumont
(24,461 posts)I grew up in the 80s too. Mom never had to start working . . . until Reagan. Dad's income used to be enough . . . until he got laid off during Reagan. Unfortunately, he had to go on strike three times during the 80s to retain the killer retirement benefits he now enjoys while he watches his precious Faux News. I think the 1990s college kids were the last generation to be afforded a higher education without being saddled with crippling debt for life. I graduated in 1994 with no student loan debt. I paid for college with a crap job AND had a car. I don't think today's graduates can say the same thing; not because they have no work ethic, but because even someone making what I make TODAY couldn't even afford college.
Bean counters were the worst thing to happen to America's economy, finances and industry. In their quest for continuing and ginormous profit, they kind of forgot about the need for additional business in order for that to happen. If you don't pay your workers, they can't buy shit. We only cared about one portion of society for 32 years running now. Their needs became first, foremost and ONLY, and for us, they made higher education less affordable and harder to obtain. I don't even get how no one saw this coming or how anyone thinks or ever thought that this is any kind of feasible economic or societal model.