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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAnother Obituary....
for the "American Dream". I have to say that there's something particularly poignant about this description of desperate mid-career professionals coming to grips with their circumstances. Draining their savings while they search for the next job that will probably never come along. Trying to use social media services like Linkedin to hopefully make the right connections. Why do I get the feeling that our society would like to choose a small percentage of the privileged to go on living while the rest of us can be killed and recycled at say 60? That would certainly solve the problems with Social Security.
The meeting room was packed. And as Ray Martinez looked around, he felt he was gazing at the rubble from a seismic shift in the American life he once trusted.
It was a recent Friday morning. More than 100 people who had recently lost middle-management jobs at New Jersey corporations had come to a hotel in New Brunswick for a lecture on how to use social media.
Many carried briefcases and laptops trappings of the working world they longed to rejoin. But like Martinez, many also carried a belief that their once stable lives had shifted in profound ways as their careers were upended through downsizing or outsourcing, or because their employers had moved overseas or to other parts of the country.
There has been an earthquake in America and there are many cracks, Martinez, a former Mahwah resident who now lives in Neptune, said as he looked around the room. I just hope I dont fall into a crack.
The social, political and financial tremors that Martinez described are setting an unexpectedly turbulent agenda for this years presidential campaign manifesting themselves most noticeably in the anti-immigration and protectionist rhetoric of Donald Trump, the Republican front-runner, and, on the Democratic side, in Sen. Bernie Sanders call for an economic revolution.
Read the rest here: http://www.northjersey.com/news/kelly-is-this-the-end-of-the-american-dream-1.1537357
Dustlawyer
(10,497 posts)we have left! Until we get Publicly Funded Elections to cut off the shadow government's control we will not have any good dreams. We are living in a fascist/oligarchical country with Big Brother at the controls, an American nightmare!
Laxman
(2,419 posts)in the description contained in this article. You work hard all your life. Get an advanced degree. Try to be honest and professional in all that you do. It's still not enough. There is a sense of disbelief that you're suddenly unmarketable, except as an itinerant professional consultant with no predictability, no benefits, no grounding-hoping that when your current temporary assignment ends (and you're grateful just for that) that perhaps another will come along.
Arugula Latte
(50,566 posts)You should have known how to "manage your money" while all the while keeping up with what you're expected to buy -- $35,000 cars, giant flat screens, the latest iPhone, cool clothes for your kids, vacations at Disneyworld and Hawaii. You also should have had enough to pay for your kids' college, which, by the way, is at least $100,000 a pop.
hamsterjill
(15,224 posts)Great post.
dixiegrrrrl
(60,010 posts)I was lucky that when the jobs dried up I could afford early retirement.
But that was not an option for so many millions more who were a few years younger.
And by 2008, just as we boomers were looking to use retirement funds the Gov. insisted we invest in via 401-ks......the crash came and wiped out funds and jobs.
Now the Gov't is trying to talk a younger generation into investing in a new scheme of retirement.
And many of them will,against all our advice and experience.
Ferd Berfel
(3,687 posts)Hillary and the DLC, BLue Dog Third way Corporate stooges will only push to shrink it and ultimately privatize everything. They are completing the Republican agenda. The current republican party is only a carnival sideshow being used for diversion.
Rebkeh
(2,450 posts)I meant to post this last night
http://theconversation.com/is-the-american-dream-dead-57095
Downward mobility is now more likely than upward.
Laxman
(2,419 posts)to quilt together a means of making ends meet.
https://jobgap2013.files.wordpress.com/2015/12/patchwork_of_paychecks.pdf
I'm working 5 different jobs right now to just try to keep treading water. They all pay pretty well for the limited amount of hours I can cobble together. I'm working harder than I ever have and it's still not enough.
Octafish
(55,745 posts)Wall Street-on-the-Potomac cares.
KG
(28,753 posts)Octafish
(55,745 posts)Haven't seen much done for the city and its schools by the federal or state government, apart from seeing that the banksters get paid, since the riots in 1967.
Recently, though, Joe Biden saw to it that the city's mass transit got a few new busses, which is nice.
But not much can happen -- from better schools to new jobs to creating a better community -- without money. Talk only goes so far.
jomin41
(559 posts)Are not going to fix things. Go Bernie!
SammyWinstonJack
(44,130 posts)Hoyt
(54,770 posts)for several decades. The several decades after the WWII had many living high, jobs were easy to find, resources were plentiful to keep things affordable, etc. The results of living relatively high is described in the article: "others traded large homes for smaller ones, or eliminated such trappings of middle-class life as summer vacations at the Jersey Shore. Some said they had all but abandoned their dreams of a comfortable retirement."
The American Dream is not people having all those "trappings." It is lots of people with nothing having a chance to do better. I think we do relatively well with that, although there are still those who aren't doing as well in that respect and deserve more help. What amazes me is this current emphasis on the "middle class." What that says to me is that folks really didn't give a darn when it was just poor people, but once adversity hit the middle class it became an issue.
When I hear people say, this will be the first generation that won't do better than the previous generation, I think that is just an adjustment to the fact the previous generation had it relatively easy (again with the exception of the poor who never really had a fair chance).
The real point to all this is that the government is going to have to pick up the pieces in essential areas such as healthcare, education, jobs, guaranteed income (some would call it "welfare" , taxation of profits, etc. It's going to be a tough transition. And there is going to have to be a more cooperative effort among government, government and the populace to work in society's interest. It won't happen overnight, and I question rather anyone is willing to cooperate in this effort.
The sad fact is, if we took all the wealth of say the top 10%, or even 20% -- that survived after the wealth represented on paper evaporated -- and spread it around, I doubt it would help much more than a year. Then, we'd be in chaos.
I guess after almost 40 years of having relatively short jobs, working as a consultant (essentially part-time) for a number of "bosses," etc., I've just accepted it. I suspect I'll have to work until I die, although I'm going to find a way to cut back to some degree and have given up on the idea of a "comfortable retirement."
People who believe in some dream of guaranteed employment for life with income far beyond most of the world, etc., are, and have been, living a fantasy. I have all the empathy/sympathy in the world when folks hit the wall/realization, but it should have been obvious long ago to us and government. Of course, candidates who want to get elected can't be honest and tell voters the truth.
daleanime
(17,796 posts)When ever I hear someone talking about 'taking' in this context I know I'm listening to someone who doesn't want to understand. But please have a great day anyways.
Hoyt
(54,770 posts)would you call it? I've said taxes need to be increased. My point is, if we "taxed" every penny of wealth from the 20%ers' it wouldn't get us far, so we need to figure out a way to dig ourselves out of the mess with the cooperation of "government, corporations, people." Sorry you missed that.
Silver_Witch
(1,820 posts)Last edited Sun Apr 3, 2016, 08:12 PM - Edit history (1)
A pyramid scheme. Just another Amway scam! Come on folks join now get in early so your friends and neighbors can make you rich while you don't have to do anything but collect the monthly checks
As. With all pyramid scheme it has come crashing down! Beware the next scam.
Laxman
(2,419 posts)view of things. I guess it depends on what you define as the American Dream. Working hard, being honest and professional, having talents and skills and being able to utilize those elements as a means to have a path to making a decent living and being treated fairly? That's hardly analogous to Amway.
Silver_Witch
(1,820 posts)are guaranteed nothing. I have worked hard my whole life..since 14...so make that 56 years. I have struggled to make ends meet and had plenty. That dream that everyone can be rich is the one I speak of...it is not obtainable by more or even many.
And who is treated "fairly" in this country? Woman? Minorities? Those who grew up in disadvantaged economic areas?
So save your judgment of my cynicism and accept that I have been around long enough to see it takes one small misstep to LOSE it all.
Laxman
(2,419 posts)and nobody said anything about guarantees or that anyone is entitled to be rich. And it doesn't even take a "misstep" to lose it all. That I can tell you from my experience.
Silver_Witch
(1,820 posts)Read your own posts they are just a negative as mine. I didn't say there was a guarantee; what I said is there is no fucking chance at all for most to get wealthy - let alone security.
Why are you arguing with me when you are saying the exact same thing as I am.
Hoyt
(54,770 posts)raccoon
(31,126 posts)sakabatou
(42,180 posts)Beach Rat
(273 posts)I had a job counseling folks who were recently out of work. They had to come to my class just to get their unemployment benefits. We would work on their resumes, getting up to speed on LinkedIn, networking strategies, the whole gamut of things that should have gotten them jobs. I just knew, especially for the people in their 50's, that those jobs weren't going to be there. I remember somebody who came in the first week and showed me the resumes he sent out. Two week later, even more. Over the course of two months this guy sent out literally hundreds of resumes for job openings that he was qualified for and he didn't even get a response, like not even a thank you for your submission. The first week he was so sure he would be hired in a couple of weeks. It was a slow descent into acceptance that things just weren't going to work out. I worked with class after class of people just like him. Watching the life get sucked out of people before my eyes was beyond depressing.
lancer78
(1,495 posts)to become a plumber or electrician. People in america will always need to crap.
Stainless
(718 posts)She has two Masters Degrees. She has also accrued tens of thousands of dollars of student loan debt in order to receive those degrees. After graduation, she worked as a pharmaceutical and medical device rep but kept getting downsized because big pharma and the developers of medical devices are corrupt criminal enterprises that use people and then spit them out.
She has tried the social media, Linkedin route to success and has spent countless hours and a lot of money trying to get a halfway decent job. At this very moment she is standing in a Costco store, peddling a super vitamin concoction for a low hourly wage plus commission. She must stand on her feet 8 hours a day, four days a week including Sundays.
Bernie Sanders is the only person running for POTUS who wants to increase Social Security benefits and make life better for seniors.
All of the Republicans and Hillary Clinton would cave-in to the notion that seniors need to learn to get by with less Social Security benefits. Any public official who tries that should be kicked out of office and made to survive on SS.