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Enthusiast

(50,983 posts)
13. K&R!
Sat Aug 24, 2013, 10:50 PM
Aug 2013

The prosperity we enjoyed in the late 20th Century was a historical aberration.

It existed mostly because of the labor movement. Another reason for the high standard of living during the late 20th Century was that our government felt the need to prove capitalism superior to the "red menace". At no other time in history were there living standards approaching that level for "ordinary" people.

Expect American living standards to decline rapidly without a strong labor movement. In fact it is happening right before our eyes.

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