General Discussion
In reply to the discussion: Had to share this FB post from a friend ... [View all]Scootaloo
(25,699 posts)The majority of Americans cannot afford to own a home. A substantial number of those people struggle with rent. Homelessness is eternally on the rise. I would count that as "losing our houses" quite succinctly.
The value of our savings has been consistently dropping - as has our collective ability to maintain savings in the first place. Fewer and fewer people are saving money, as wages stagnate and prices inflate.
And while no, we are not "forced" to labor, good luck subsisting without doing so. There really is no choice involved here, you work or you go hungry. And wages are dropping, where they are not stagnating. Benefits are being slashed. All while prices go up steadily, pinned as they are to the cost of oil. Minimum wage, at full time, is below the poverty line, and well below a decent standard of living. And for those who can only find part-time work, it's even worse.
Meanwhile, our tax dollars go to bank CEO bonuses, the military interests of foreign nations, and the health coverage of men and women who strive to prevent us from gaining such coverage.
As for our vote, who shall we vote for, the corporatist party, or the other corporatist party? The Republicans and democrats do have differences, some of them profound - but economics isn't one of them, really. Both enact policy to benefit the upper echelon and strive to silence the needs of the lower economic brackets - there is much talk of the "middle class" - which is taken to mean homeowners with two garages, benefits, college savings for the kids, and vacation time for the adults - but nothing is spoken of hte lower middle class, much less the poor or impoverished. Plenty of talk about expanding the "high tech sector of the jobs market" but that doesn't help if you weren't able to afford six years tuition needed to enter those fields.
Capitalism is a parasitic system. Left unchecked it will impoverish the multitude for the gain of the minimal number of people. And there is precious little checking going on in this system, as it stands.