Why the middle class is failing

The rich are draining the country's industries on huge wages while the people at the bottom are having to work 2 jobs to pay all the bills. Unfair or what.
 
Humpy said:
having to work 2 jobs to pay all the bills.
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I don't see this phenomenon in the West of Europe. We work 1 job not 2. And we have good and affordable healthcare. I was never in the US but it seems that it is not anymore the American dream we learned about in school a few decades ago. Except for the 0.001% who still get billionaire.

http://www.cheatsheet.com/money-career/monthly-bills-americans-cant-afford.html/?a=viewall

The big mass is responsible for what happens. They decide what to buy, so don't buy "made in China" anymore and buy it in the US. But the problem is that the price of "made in China" is much cheaper, so they continue to buy in China. Buyers watch their wallet, not if changing their behavior can create jobs for OTHER people. They don't care about other people, they only care about themselves. I see this same behavior in Europe.

An anecdote:I have a friend who has a dealership of Renault. One day Renault decided to close a factory and people were protesting against the closure. Everywhere you saw slogans like: "I will never buy a Renault", " This was my last Renault"... A few months later there was a big exposition from all carmakers were traditionally a big part of the yearly sales were done. After that show my friend could not believe the amount of orders he received. Renault did an aggressive campaign and sold more cars than ever before. The discount wiped away all protest apparently. It is like the "Not In My Back Yard" slogan. So they all agree something should be done but not by them, the others should do it.

In short: change things to make the US better? Yes, as long as I have no disadvantage from it. Let the others do it.
 
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jj90 said:
Kyle, the current trend right now is onshoring. Anyone who has worked with devs offshore knows the quality of their code. Not to say there isn't good devs in the developing world, but those lower cost contracts are a classic example of you get what you pay for.
Smaller shops and startups are virtually all onshore. If a local won't work for a mid/near east company that's also their business.
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That's correct but how do smaller shops affect the middleclass / masses? When's the last time you visited large IT installation such as a bank, insurance, or industrial, the majors still use offshore model.
 
Mtrader said:
I don't see this phenomenon in the West of Europe. We work 1 job not 2. And we have good and affordable healthcare. I was never in the US but it seems that it is not anymore the American dream we learned about in school a few decades ago. Except for the 0.001% who still get billionaire.
http://www.cheatsheet.com/money-career/monthly-bills-americans-cant-afford.html/?a=viewall
The big mass is responsible for what happens. They decide what to buy, so don't buy "made in China" anymore and buy it in the US. But the problem is that the price of "made in China" is much cheaper, so they continue to buy in China. Buyers watch their wallet, not if changing their behavior can create jobs for OTHER people. They don't care about other people, they only care about themselves. I see this same behavior in Europe.

An anecdote:I have a friend who has a dealership of Renault. One day Renault decided to close a factory and people were protesting against the closure. Everywhere you saw slogans like: "I will never buy a Renault", " This was my last Renault"... A few months later there was a big exposition from all carmakers were traditionally a big part of the yearly sales were done. After that show my friend could not believe the amount of orders he received. Renault did an aggressive campaign and sold more cars than ever before. The discount wiped away all protest apparently. It is like the "Not In My Back Yard" slogan. So they all agree something should be done but not by them, the others should do it.
In short: change things to make the US better? Yes, as long as I have no disadvantage from it. Let the others do it.
More...
Western Europe is borderline bankrupt because of social programs. The only immigrants are from 3rd world. The locals wish they can immigrate to USA or Canada but they're so bogged down with debt they can't afford the expense.
 
Mtrader said:
One day Renault decided to close a factory and people were protesting against the closure. Everywhere you saw slogans like: "I will never buy a Renault", " This was my last Renault"... A few months later there was a big exposition from all carmakers were traditionally a big part of the yearly sales were done. After that show my friend could not believe the amount of orders he received. Renault did an aggressive campaign and sold more cars than ever before. The discount wiped away all protest apparently.
More...

Its beautiful isn't it, people standing up for what they believe in. It basically signals to companies that they can get away with anything because consumers really don't stand for anything except self-interest and can be won back on price later.
 
lylec305 said:
Western Europe is borderline bankrupt because of social programs. The only immigrants are from 3rd world. The locals wish they can immigrate to USA or Canada but they're so bogged down with debt they can't afford the expense.
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Western Europe is borderline bankrupt? I presume you're getting your information from those "special" websites?
 
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Martinghoul said:
Western Europe is borderline bankrupt? I presume you're getting your information from those "special" websites?
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I probably agree with him to some extent, many parts of Europe is 30 years behind other advanced western nations USA/Australia/UK. I'd even go as far to suggest that some regions are still living 18th century, pre-industrial revolution.
 
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