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TheMastersNemesis

(10,602 posts)
Mon Jun 11, 2012, 05:36 AM Jun 2012

The Success Of The Reagan Revolution - Career Over By 45 For Men & 39 For Women [View all]

Now that workers have accepted the multiple careers meme where you pay for schooling any number of times and job security or longevity is extinct the Reagan Revolution sponsored by the "New GOP" and big business is a grand success. Now just about every worker can expect to work like they did in Dickens London.

I have said for many years and it began in 1981 very subtly and has increased every year under "trickle down" economics that older workers began to be forcibly retired out of the work force. In the 1990's millions of worker were bought out at sometimes pennies on the dollar and actually forced to retire. Defined pension plans were actually stolen and made "payout" plans with up to 30% of their original value. And the "baby boomers" largely accepted this labor terrain.

It used to be that income plateaued around 60 just before retirement and a defined pension plan and Social Security kicked in. Now there is a new chart that income peaks at 45 for men and 39 for women. What that means is that for most workers they will see their career if they are lucky to have one pretty much ends about the time sports figures end theirs. At these ages it is a time when workers used to be preparing for retirement as they were paying for schooling that would help make the children financially independent.

A few years ago the AVERAGE STAY AT A JOB WAS 36 months. I would imagine that figure is much lower now. And full time jobs are being replaced with temporary jobs of all varieties. And many jobs are now "independent contractors". A lot of former regular jobs are now just "day labor" .

So congratulations conservative voters you have contributed to the success of the Reagan Revolution.

The question is what are workers going to to for 20 to 25 years until they get Social Security. And now the GOP wants to actually end that or make it a hokey 401K program. I have a better idea. Raise the retirement age to 70 or even 80. Now workers can work for Walmart or some other part time job for 30 or 40 years.

This scenario is what the voter continues to buy when the vote for the GOP. Merry Christmas AmeriKa. We now largely have a service economy with low wages that Reagan crowed about and said he would create. Daffy old bastard.

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Saint Ronnie did a number on this country. Phhhtttt Jun 2012 #1
reagan gave them permission to reject the new social standards and let their hatred out. Egalitarian Thug Jun 2012 #3
Yep,the hate in this country has increased exponentially.NT Phhhtttt Jun 2012 #33
Every GOP idiot with half a functional brain cell... 47of74 Jun 2012 #19
Ha Ha Ha,Super funny Phhhtttt Jun 2012 #29
I had that sitting around for a while 47of74 Jun 2012 #32
For the folks who are too young to remember this you had to be there NNN0LHI Jun 2012 #2
And really fast. Like two, maybe three years to transform the entire landscape Egalitarian Thug Jun 2012 #4
Morning in America really means Mourning in America. CrispyQ Jun 2012 #6
First time I seen that ad I was standing in line at the unemployment office NNN0LHI Jun 2012 #9
Second hand actor and pitch man The Wizard Jun 2012 #5
I am living proof chervilant Jun 2012 #7
Best of luck to you. mmonk Jun 2012 #15
Thanks for your kind words chervilant Jun 2012 #28
Words cannot express my profound contempt for that self-deluded, self-serving Zorra Jun 2012 #8
Reagan + Thatcherism + Neo-liberalist Economics = mckara Jun 2012 #10
+1 Blue_Tires Jun 2012 #13
You may already know that she was also discovered to have senility. AnotherMcIntosh Jun 2012 #22
My dad lived through this era Risen Demon Jun 2012 #11
welcome to the site! Blue_Tires Jun 2012 #14
wothy of its own thread Skittles Jun 2012 #26
There was a lot of technological changes in that same time period johnd83 Jun 2012 #12
I don't think they've failed to reconize it Johonny Jun 2012 #16
I think the elites have, but the tea party base certainly hasn't johnd83 Jun 2012 #17
Baggers tend to be wealthier and more well-educated than the general public NNN0LHI Jun 2012 #25
that's the BACKERS Skittles Jun 2012 #27
Read the first sentence of the paragraph I posted NNN0LHI Jun 2012 #30
the old white men factor Skittles Jun 2012 #31
In looking over this thread, I feel pretty fortunate I made it to 48... Buns_of_Fire Jun 2012 #18
OMG!! I thought the same thing 2 weeks ago!! I'm in my late 30s and said to my wife it's like the... uponit7771 Jun 2012 #20
Could you post a link to the chart? Thx in advance for your help uponit7771 Jun 2012 #21
Clearly, it's time to slash the social safety net. librechik Jun 2012 #23
Link for income peak data? eridani Jun 2012 #24
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