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America is Regressing into a Developing Nation for Most People

 
Anonymous Coward
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04/20/2017 10:04 PM
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America is Regressing into a Developing Nation for Most People
[link to www.ineteconomics.org (secure)]

A new book by economist Peter Temin finds that the U.S. is no longer one country, but dividing into two separate economic and political worlds
You’ve probably heard the news that the celebrated post-WW II beating heart of America known as the middle class has gone from “burdened,” to “squeezed” to “dying.” But you might have heard less about what exactly is emerging in its place.

In a new book, The Vanishing Middle Class: Prejudice and Power in a Dual Economy, Peter Temin, Professor Emeritus of Economics at MIT, draws a portrait of the new reality in a way that is frighteningly, indelibly clear: America is not one country anymore. It is becoming two, each with vastly different resources, expectations, and fates.



The two sectors, notes Temin, have entirely distinct financial systems, residential situations, and educational opportunities. Quite different things happen when they get sick, or when they interact with the law. They move independently of each other. Only one path exists by which the citizens of the low-wage country can enter the affluent one, and that path is fraught with obstacles. Most have no way out.

The richest large economy in the world, says Temin, is coming to have an economic and political structure more like a developing nation. We have entered a phase of regression, and one of the easiest ways to see it is in our infrastructure: our roads and bridges look more like those in Thailand or Venezuela than the Netherlands or Japan. But it goes far deeper than that, which is why Temin uses a famous economic model created to understand developing nations to describe how far inequality has progressed in the United States. The model is the work of West Indian economist W. Arthur Lewis, the only person of African descent to win a Nobel Prize in economics. For the first time, this model is applied with systematic precision to the U.S.

The result is profoundly disturbing.

In the Lewis model of a dual economy, much of the low-wage sector has little influence over public policy. Check. The high-income sector will keep wages down in the other sector to provide cheap labor for its businesses. Check. Social control is used to keep the low-wage sector from challenging the policies favored by the high-income sector. Mass incarceration - check. The primary goal of the richest members of the high-income sector is to lower taxes. Check. Social and economic mobility is low. Check.


Way more at link all indisputably true.

So what's the fix?

damned
Anonymous Coward
User ID: 72723055
United States
04/20/2017 10:10 PM
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Re: America is Regressing into a Developing Nation for Most People
If your not openly revolting then your not in the right mindset.
Anonymous Coward
User ID: 70797717
Puerto Rico
04/20/2017 10:13 PM
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Re: America is Regressing into a Developing Nation for Most People
If your not openly revolting then your not in the right mindset.
 Quoting: Anonymous Coward 72723055


Your poor grammar indicates that you are part of the lower class. Must suck to be you.
Anonymous Coward (OP)
User ID: 73786272
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04/20/2017 10:25 PM
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Re: America is Regressing into a Developing Nation for Most People
If your not openly revolting then your not in the right mindset.
 Quoting: Anonymous Coward 72723055


Your poor grammar indicates that you are part of the lower class. Must suck to be you.
 Quoting: Anonymous Coward 70797717


Look at this - JUST LOOK AT IT!

An important insight is posted in the OP and this shill/troll has to show up to divide/conquer and get us fighting amongst ourselves instead of actually discussing this slow crash and who caused it.
C4G3

User ID: 73817786
United States
04/20/2017 10:32 PM

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Re: America is Regressing into a Developing Nation for Most People
4 posts...


If you've been divided & conquered already you never had a chance!

LOLs

Last Edited by C4G3 on 04/20/2017 10:32 PM
- It does not take a majority to prevail... but rather an irate, tireless minority, keen on setting brush fires of freedom in the minds of men.
- The liberties of our country, the freedom of our civil constitution, are worth defending against all hazards: And it is our duty to defend them against all attacks.
- Samuel Adams -

"When injustice becomes law resistance becomes duty."
- Thomas Jefferson -
Anonymous Coward
User ID: 70797717
Puerto Rico
04/20/2017 10:36 PM
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Re: America is Regressing into a Developing Nation for Most People
If your not openly revolting then your not in the right mindset.
 Quoting: Anonymous Coward 72723055


Your poor grammar indicates that you are part of the lower class. Must suck to be you.
 Quoting: Anonymous Coward 70797717


Look at this - JUST LOOK AT IT!

An important insight is posted in the OP and this shill/troll has to show up to divide/conquer and get us fighting amongst ourselves instead of actually discussing this slow crash and who caused it.
 Quoting: Anonymous Coward 73786272


Anyone can learn proper grammar. Rich, poor, black, white or purple. How one presents themselves in the world has ramifications. If this person used proper grammar I would've had no idea if they were rich or poor and would've replied with something substantive.

I do agree OP, the stratification of our society is growing every day.
^TrInItY^Moderator
Forum Administrator

04/20/2017 10:38 PM

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Re: America is Regressing into a Developing Nation for Most People
That's exactly what they wanted....

To lower the standard of living for America..

Bring her down a few notches...
Few will listen,
Of the few who listen, fewer still will understand,
Understanding does not mean believe,
Of the handful who believe, most may not know what to do,
Those who even know, how many will actually do ?
And the rare ones who have done it.......
Need not listen to you anymore.
Anonymous Coward
User ID: 74552809
United States
04/20/2017 10:41 PM
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Re: America is Regressing into a Developing Nation for Most People
If your not openly revolting then your not in the right mindset.
 Quoting: Anonymous Coward 72723055


Your poor grammar indicates that you are part of the lower class. Must suck to be you.
 Quoting: Anonymous Coward 70797717


Look at this - JUST LOOK AT IT!

An important insight is posted in the OP and this shill/troll has to show up to divide/conquer and get us fighting amongst ourselves instead of actually discussing this slow crash and who caused it.
 Quoting: Anonymous Coward 73786272


Anyone can learn proper grammar. Rich, poor, black, white or purple. How one presents themselves in the world has ramifications. If this person used proper grammar I would've had no idea if they were rich or poor and would've replied with something substantive.

I do agree OP, the stratification of our society is growing every day.
 Quoting: Anonymous Coward 70797717


Grammar is for commie pole suckers
Anonymous Coward
User ID: 70989227
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04/20/2017 10:43 PM
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Re: America is Regressing into a Developing Nation for Most People
If your not openly revolting then your not in the right mindset.
 Quoting: Anonymous Coward 72723055


Yep.

The End Game is to kill-off and eliminate/exterminate the middle-class, putting them on the ever-growing welfare rolls..

It's what the PTB/Elite want/need to create their utopic humanistic-technocracy/NWO/OWG.

Ain't Life Grand?
~Jazzy~Moderator
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04/20/2017 10:44 PM

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Re: America is Regressing into a Developing Nation for Most People
They're dragging it back into the old world of Kingdom rule.

It's what they've wanted all along.
To know where your heart is, look where your mind goes when it wanders.
pool
Netizen Ribbonmind

User ID: 74570428
United States
04/20/2017 10:51 PM

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Re: America is Regressing into a Developing Nation for Most People
That's exactly what they wanted....

To lower the standard of living for America..

Bring her down a few notches...
 Quoting: ^TrInItY^


Everyone has taken what they wanted: FB, Twitter, Immigrants, Banks, NATO, EU, Apple, Youtube, Instagram, Pharma, Monsanto, GMO, Washington. The free world is fucked when it's based upon social constructs masked with a logo.
Nature begins with reason and ends with experience; Change begins with experience and ends with reason.
Anonymous Coward
User ID: 72042792
Philippines
04/20/2017 10:56 PM
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Re: America is Regressing into a Developing Nation for Most People
You have a great many Israel firsters within your military and government. In time they will stage an event that will destroy mush of your military. The balance will transfer to Israel.

America will be relegated to the masses.

It will look like Elysium.
Anonymous Coward
User ID: 59601562
United States
04/20/2017 10:57 PM
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Re: America is Regressing into a Developing Nation for Most People
In the Lewis model of a dual economy, much of the low-wage sector has little influence over public policy. Check. The high-income sector will keep wages down in the other sector to provide cheap labor for its businesses. Check. Social control is used to keep the low-wage sector from challenging the policies favored by the high-income sector. Mass incarceration - check. The primary goal of the richest members of the high-income sector is to lower taxes. Check. Social and economic mobility is low. Check.
 Quoting: Anonymous Coward 73786272


That lacks specificity of the fact many or most people react emotionally instead of rationally. That behavior often means the the stupidity of liberalism comes to the surface. It rests on the dumb stereotype that liberals and their liberalism are supposedly kind and caring. So a lot of dishonest, hypocritical, amoral, immoral people and feelings spring forth from that way of thinking.

You end up with a big smelly brew of libtards like Hillary and Obama, the Bushes believing that in order to make conservatism good, it has to be kinder and gentler - or more idiotically liberal - and John McCain and Lindsay Graham stinking it up further with their own bits of left-leaning nonsense.

Libtardism doesn't make us or others nicer, kinder, gentler or anything that's truly good and sincerely responsible.
Anonymous Coward
User ID: 71644062
04/20/2017 10:58 PM
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Re: America is Regressing into a Developing Nation for Most People
That's exactly what they wanted....

To lower the standard of living for America..

Bring her down a few notches...
 Quoting: ^TrInItY^
yes, cultural marxism in action
Anonymous Coward
User ID: 72042792
Philippines
04/20/2017 10:59 PM
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Re: America is Regressing into a Developing Nation for Most People
If your not openly revolting then your not in the right mindset.
 Quoting: Anonymous Coward 72723055


Your poor grammar indicates that you are part of the lower class. Must suck to be you.
 Quoting: Anonymous Coward 70797717


Look at this - JUST LOOK AT IT!

An important insight is posted in the OP and this shill/troll has to show up to divide/conquer and get us fighting amongst ourselves instead of actually discussing this slow crash and who caused it.
 Quoting: Anonymous Coward 73786272


Anyone can learn proper grammar. Rich, poor, black, white or purple. How one presents themselves in the world has ramifications. If this person used proper grammar I would've had no idea if they were rich or poor and would've replied with something substantive.

I do agree OP, the stratification of our society is growing every day.
 Quoting: Anonymous Coward 70797717


"If this person used proper grammar I would've had no idea if they were rich or poor and would've replied with something substantive. "

Should read ""If this person HAD used proper grammar I would've had no idea WHETHER they were rich or poor and would've replied with something substantive.

For future reference, Rican puke. If you are going to be a Grammar Nazi, then at least understand Grammar, Nazi.
SevenThunders

User ID: 73224823
United States
04/20/2017 11:05 PM
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Re: America is Regressing into a Developing Nation for Most People
Pretty ignorant for an economic treatise. In particular we are in the region of the Laffer curve wherein lowering taxes increases government revenue, thus enabling the government to further their ill thought out social welfare programs.

One way to understand this is to observe that the Obama tax increases actually LOWERED US tax revenue, due to anemic growth.
Anonymous Coward
User ID: 24848797
Canada
04/20/2017 11:06 PM
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Re: America is Regressing into a Developing Nation for Most People
<font>how do you change font?</font>
Anonymous Coward
User ID: 67887958
United States
04/20/2017 11:07 PM
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Re: America is Regressing into a Developing Nation for Most People
Learn a trade such as welding, plumbing, or electrical, become good at it, and start your own business.

Success can be had in the U.S.

Just about any 18-year old kid can join the military. Put in your 20 years and get a $2,000 monthly check + free medical for the rest of your life.

If you want to go to college, stick with something like engineering or nursing.

The people struggling are the unmotivated highschool graduates/dropouts with no special skills and the college grads who majored in English or Philosophy.
Anonymous Coward
User ID: 67887958
United States
04/20/2017 11:09 PM
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Re: America is Regressing into a Developing Nation for Most People
I get tired of the doomsday, woe is me crowd. They are the losers and quitters in life. They suck.
Anonymous Coward
User ID: 37373049
United States
04/20/2017 11:15 PM
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Re: America is Regressing into a Developing Nation for Most People
That's exactly what they wanted....

To lower the standard of living for America..

Bring her down a few notches...
 Quoting: ^TrInItY^


Yep been happening everywhere for me, my friends and family the last 20 years.

I'm fortunate enough to own my small little crappy starter home but I don't know what's left after rice and beans to try to stay out of debt.
Duncan the destroyer

User ID: 74730085
United States
04/20/2017 11:19 PM
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Re: America is Regressing into a Developing Nation for Most People
Learn a trade such as welding, plumbing, or electrical, become good at it, and start your own business.

Success can be had in the U.S.

Just about any 18-year old kid can join the military. Put in your 20 years and get a $2,000 monthly check + free medical for the rest of your life.

If you want to go to college, stick with something like engineering or nursing.

The people struggling are the unmotivated highschool graduates/dropouts with no special skills and the college grads who majored in English or Philosophy.
 Quoting: Anonymous Coward 67887958


Not where I live
Duncan the destroyer
Anonymous Coward
User ID: 72216811
United States
04/20/2017 11:19 PM
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Re: America is Regressing into a Developing Nation for Most People
That's exactly what they wanted....

To lower the standard of living for America..

Bring her down a few notches...
 Quoting: ^TrInItY^




Exactly.... This is and has been planned.
Anonymous Coward
User ID: 37373049
United States
04/20/2017 11:21 PM
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Re: America is Regressing into a Developing Nation for Most People
That's exactly what they wanted....

To lower the standard of living for America..

Bring her down a few notches...
 Quoting: ^TrInItY^




Exactly.... This is and has been planned.
 Quoting: Anonymous Coward 72216811


Plain as day once your eyes have been opened.

The kids won't get it until we're gone.
Anonymous Coward
User ID: 70797717
Puerto Rico
04/20/2017 11:22 PM
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Re: America is Regressing into a Developing Nation for Most People
...


Your poor grammar indicates that you are part of the lower class. Must suck to be you.
 Quoting: Anonymous Coward 70797717


Look at this - JUST LOOK AT IT!

An important insight is posted in the OP and this shill/troll has to show up to divide/conquer and get us fighting amongst ourselves instead of actually discussing this slow crash and who caused it.
 Quoting: Anonymous Coward 73786272


Anyone can learn proper grammar. Rich, poor, black, white or purple. How one presents themselves in the world has ramifications. If this person used proper grammar I would've had no idea if they were rich or poor and would've replied with something substantive.

I do agree OP, the stratification of our society is growing every day.
 Quoting: Anonymous Coward 70797717


I'll give you the HAD but WHETHER is a matter of preference.
"If this person used proper grammar I would've had no idea if they were rich or poor and would've replied with something substantive. "

Should read ""If this person HAD used proper grammar I would've had no idea WHETHER they were rich or poor and would've replied with something substantive.

For future reference, Rican puke. If you are going to be a Grammar Nazi, then at least understand Grammar, Nazi.
 Quoting: Anonymous Coward 72042792
Anonymous Coward
User ID: 48420012
United States
04/20/2017 11:24 PM
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Re: America is Regressing into a Developing Nation for Most People
Learn a trade such as welding, plumbing, or electrical, become good at it, and start your own business.

Success can be had in the U.S.

Just about any 18-year old kid can join the military. Put in your 20 years and get a $2,000 monthly check + free medical for the rest of your life.

If you want to go to college, stick with something like engineering or nursing.

The people struggling are the unmotivated highschool graduates/dropouts with no special skills and the college grads who majored in English or Philosophy.
 Quoting: Anonymous Coward 67887958


Don't worry eventually it will suck your wealth as well.

Then you can join the little people.
Anonymous Coward
User ID: 61485626
United States
04/20/2017 11:24 PM
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Re: America is Regressing into a Developing Nation for Most People
If your not openly revolting then your not in the right mindset.
 Quoting: Anonymous Coward 72723055

SOON May 1 2017 Take back America!
clappa
Anonymous Coward
User ID: 67887958
United States
04/20/2017 11:25 PM
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Re: America is Regressing into a Developing Nation for Most People
Then go drive a truck. Trucking companies are always hiring and many of them will train you off the street and help you get your CDL. You can make $50k/yr once you get some experience. Yeah, you're gone all the time and the hours are long, but life sucks sometimes. Boo hoo.

Bunch of babies. If you work hard, you can still have a decent life in this country.
MFiera

User ID: 72539217
United States
04/20/2017 11:32 PM
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Re: America is Regressing into a Developing Nation for Most People
We regressed far past that point in some "communities".

There are parts of this country that an armed madman wouldn't drive an armored car through.
GLP is an INSTITUTION
Anonymous Coward
User ID: 59601562
United States
04/20/2017 11:32 PM
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Re: America is Regressing into a Developing Nation for Most People
That's exactly what they wanted....

To lower the standard of living for America..

Bring her down a few notches...
 Quoting: ^TrInItY^




Exactly.... This is and has been planned.
 Quoting: Anonymous Coward 72216811


Plain as day once your eyes have been opened.

The kids won't get it until we're gone.
 Quoting: Anonymous Coward 37373049



Or when they've moved to Venezuela or Rahm Emanual's Chicago. Or very socialistic France. Places run by people who think of themselv0es as generally egalitarian-friendly, equality-loving, social-justice-caring liberals. Or people who are a good reason why liberalism deserves to be labeled libtardism.
Anonymous Coward
User ID: 73197145
United States
04/20/2017 11:33 PM
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Re: America is Regressing into a Developing Nation for Most People
I hate to repeat myself, but I have told you what the fix is.

Cut off all sources of passive income and all government aid.

(no welfare, no financial aid for school, no patents, no interest, no copyrights, no trading stocks without paying a ten percent sales tax on every trade, and no residential property ownership beyond primary residence.

Then, full employment at very high wages to rebuild the infrastructure of the country. Redirect all the spending on the former government programs to wages.

No one gets any money without working, and people who work make good enough wages to buy houses outright and support families.

It would rebuild the infrastructure and American families, as well as completely destroy the privileged class.

It's simple, and it is more Capitalist than anyone has ever seen, because the majority of the people would have the majority of the capital.

It would also save the resources of the planet, which are wasted by the whims of people who have too much money.

It would solve most of our problems all at once.

And Jesus said it was what he would do.

The last shall be first and the first shall be last.

In this case, it means the one percent would be last and the ninety nine percent would be first.

It is odd that you can't get the 99 percent behind the plan.
Anonymous Coward
User ID: 74730176
United States
04/20/2017 11:39 PM
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Re: America is Regressing into a Developing Nation for Most People
In the Lewis model of a dual economy, much of the low-wage sector has little influence over public policy. Check. The high-income sector will keep wages down in the other sector to provide cheap labor for its businesses. Check. Social control is used to keep the low-wage sector from challenging the policies favored by the high-income sector. Mass incarceration - check. The primary goal of the richest members of the high-income sector is to lower taxes. Check. Social and economic mobility is low. Check.
___
1. low wage sector has LITTLE influence over public policy ?
what public policies are being referred to ?
low wage sector can't vote ?
low wage sector has no cheer leading squad as in all their advocacy groups ?
2.mass incarceration ? where and when ?
3.social and economic mobility is low--who's at fault here for unmotivated people ?
the minute you see INCOME INEQUALITY STOP-
are all incomes to be the same ?

we have the illegals sucking us dry,resettled getting bonuses and welfare etc,affirmative action, grading on the curve,generational welfare, etc AND ALL AT TH TAXPAYERS expense.
we work,we pay our bills,we set priorities,train our kids the same
and then read this bs.


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