America is regressing into a developing nation for most people
ineteconomics.org
America is regressing into a developing nation for most people
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Re: America is regressing into a developing nation for most people
#2Re: America is regressing into a developing nation for most people
#3I understand that this is just a summary of a book, but I have no takeaways after skimming this, as there was not one statistic or graph in the article. I love a good argument backed by statistics, and maybe the book has it... the article certainly didn't.
Re: America is regressing into a developing nation for most people
#4Cars with '50s technology. Same for washing machines. Crumbling infrastructure, people (usually dark-skinned) doing jobs that had been automated since before I was born. Windows that didn't close properly.
And yes, on the other hand incredible wealth. I went to a private school with people that never had, and probably never would, have any idea of how "The Rest of Us" live. Father: doctor or lawyer. Kid goes to private school, then on to an elite college (if grades aren't quite up to par, daddy has to buy a library). Graduate, prestigious law firm, house in the same sort of suburb they grew up in. At 13, they had their life mapped out, and a comfortable life it was.
I had never seen these sorts of divides in my native country. Different social classes live much closer together, go to the same schools and to the same universities, they don't live in totally separate spheres.
Re: America is regressing into a developing nation for most people
#5For me, someone interested in politics, this is pretty obvious. Every european reporter that covers US politics talks about this divide: rich vs poor.
I do agree with other posters here that the article doesn't back up any claims with evidence, but I guess that's in the book. The author seems credible, to say the least.
Re: America is regressing into a developing nation for most people
#6I understand that this is just a summary of a book, but I have no takeaways after skimming this, as there was not one statistic or graph in the article. I love a good argument backed by statistics, and maybe the book has it... the article certainly didn't.
I'd encourage people not to let HN's ridiculous faux-scientific culture enable you to persist in denial about how around 100 million people in the US live.
Re: America is regressing into a developing nation for most people
#7We first moved to the US in 1981. For me, a lot of the country already seemed like that back then. Cars with '50s technology. Same for washing machines. Crumbling infrastructure, people (usually dark-skinned) doing jobs that had been automated since before I was born. Windows that didn't close properly. And yes, on the other hand incredible wealth. I went to a private school with people that never had, and probably n…
https://en.wikipedia.org/wiki/Income_inequality_in_the_Unite...
Re: America is regressing into a developing nation for most people
#8That paragraph alone shows how heavily political this article is. It's just the basic, typical left-wing program. I'm not visiting HN to see this kind of crap.