Thursday, April 11, 2019

The End of Aspiration - Young people in poverty up 14% from 1980

The End of Aspiration - Young people in poverty up 14% from 1980
excerpt: XCERPT: The erosion of upward mobility threatens a deepening conflict between the middle orders and the elites. It also threatens the future of liberal democracy. A strong landowning middle order has been essential in democracies from ancient Athens and the Roman and Dutch Republics to contemporary Europe, North America, and Australia. Now with fewer owning land, and many without even a reasonable expectation of acquiring it, we may be entering an era portrayed as progressive and multicultural but that will be ever more feudal in its economic and social form. (The road to serfdom appears to be getting wider. --Bill At 73, I have worked full time for 45 years, PT for at least six and still am, earned three degrees, and held responsible jobs. i know far too many young people--some now in their 40s--who have preferred to live off others, parents, friends, strangers, taxpayers, by begging, stealing, "borrowing" rather than get a career and work. I'm not surprised by this. ~Bob)

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