General Discussion
In reply to the discussion: This Map Reveals Just How Unequal The So-Called Recovery Is [View all]TheKentuckian
(26,314 posts)When is this "recovery" going to come regular people? At what point is it not ever coming? Will we again have another "recession" before it happens at which point those then "pre recession" become a "new normal" to measure "recovery" from?
We are already at five years now, what is the longest period of time between "recessions", seven years or so?
Not gonna happen, adjusted dollars wages haven't "recovered" in decades since like the late 70's. This time it doesn't appear we will be so lucky and many if not most won't recover in real dollars before the next downturn instead of just a chunk of us.
Lots of "middle class" types are never going to get back. Some will be poor from here out and others will be clearly and inarguably working class, unable to lie to themselves about their class anymore, neither group will forget.
There is no benefit of whistling past the graveyard here. Recovery is a fantasy, not even a serious goal other than as it is going right now.