Gone with the Globalization, that is the US Middle Class

[enron_by_the_sea]

[quote=UCGal]

Now days to be prosperous you’d define it as 2-3 bmw’s in your 3 car garage and grass fed filet mignon on the table.[/quote]

and an i-phone in every hand

[briansd1]

[quote=dbapig]

So my unscientific assumptions of result of Globalization.
[/quote]

[quote=dbapig]
The difference was pocketed by corporations. Not a great benefit of Globalization…[/quote]

How can you stay with a straight face that (I paraphrase) the middle class suffering is a result of globalization?

The fact is that per capita GDP is growing. Sure, some people, namely corporations and the top income earners, are making more money thanks to globalization.

But the whole country, as an aggregate, is making more thanks to globalization.

The income is simply not as evenly distributed as the per capita GPD number would imply.

All else being equal, different social policy could rectify the income distribution problem.

[briansd1]

[quote=dbapig]

So my unscientific assumptions of result of Globalization.
[/quote]

[quote=dbapig]
The difference was pocketed by corporations. Not a great benefit of Globalization…[/quote]

How can you stay with a straight face that (I paraphrase) the middle class suffering is a result of globalization?

The fact is that per capita GDP is growing. Sure, some people, namely corporations and the top income earners, are making more money thanks to globalization.

But the whole country, as an aggregate, is making more thanks to globalization.

The income is simply not as evenly distributed as the per capita GPD number would imply.

All else being equal, different social policy could rectify the income distribution problem.

[briansd1]

[quote=dbapig]

So my unscientific assumptions of result of Globalization.
[/quote]

[quote=dbapig]
The difference was pocketed by corporations. Not a great benefit of Globalization…[/quote]

How can you stay with a straight face that (I paraphrase) the middle class suffering is a result of globalization?

The fact is that per capita GDP is growing. Sure, some people, namely corporations and the top income earners, are making more money thanks to globalization.

But the whole country, as an aggregate, is making more thanks to globalization.

The income is simply not as evenly distributed as the per capita GPD number would imply.

All else being equal, different social policy could rectify the income distribution problem.

[briansd1]

[quote=dbapig]

So my unscientific assumptions of result of Globalization.
[/quote]

[quote=dbapig]
The difference was pocketed by corporations. Not a great benefit of Globalization…[/quote]

How can you stay with a straight face that (I paraphrase) the middle class suffering is a result of globalization?

The fact is that per capita GDP is growing. Sure, some people, namely corporations and the top income earners, are making more money thanks to globalization.

But the whole country, as an aggregate, is making more thanks to globalization.

The income is simply not as evenly distributed as the per capita GPD number would imply.

All else being equal, different social policy could rectify the income distribution problem.

[briansd1]

[quote=dbapig]

So my unscientific assumptions of result of Globalization.
[/quote]

[quote=dbapig]
The difference was pocketed by corporations. Not a great benefit of Globalization…[/quote]

How can you stay with a straight face that (I paraphrase) the middle class suffering is a result of globalization?

The fact is that per capita GDP is growing. Sure, some people, namely corporations and the top income earners, are making more money thanks to globalization.

But the whole country, as an aggregate, is making more thanks to globalization.

The income is simply not as evenly distributed as the per capita GPD number would imply.

All else being equal, different social policy could rectify the income distribution problem.

[bearishgurl]

[quote=joec]One thing that you do see is a lot of the children of families in San Diego or the bay area can’t really stay there. Maybe that’s how it’s supposed to be…[/quote]

joec, I don’t really see this as many of the schools in Sweetwater are overcrowded, even though there have been 2 new high schools built within the last few years. I know some of this may be due to families living in MX and using documents from a U.S. address within the district to enroll.

I really feel families CAN STAY HERE but do not CHOOSE TO. Transplanted families (with no family ties here) seem, for the most part, to be disenchanted with the housing stock available at the existing rental/purchase prices. Even if they sold their home in another state, many families still don’t have the down payment needed to purchase the home and/or the calibur of neighborhood they have become *accustomed to* in another state (or interior CA county).

Also, many moms refuse to work under any circumstances, even if their child(ren) are in school all day. Many women (wives/moms) are/were still under a delusion that they can purchase property here and remain *at home* indefinitely while their deferred student loans become due and their mortgages adjust and reset, leaving all living expenses to one worker (who could become sick or disabled).

I’ve seen this phenomenon all my life, especially with transferred US government and military families.

OTOH, young families who have family ties here (to possibly help with day-care exp) will probably never move very far from where they grew up. People who have lived here most or all their lives do not tend to compare available housing stock here with what may be available for a particular price somewhere else.

This comparison is faulty because there IS NO COMPARISON. It is comparing apples to oranges. It’s a free country and if one doesn’t like the “tradeoffs” one has to make to live in SD or the SF Bay area, then they should MOVE to someplace they perceive as “cheaper” or “more conducive to living in a `one-income family'” and be happy with the life they chose. But it will NOT be in coastal CA.

Yes, joec, that’s how it’s *supposed to be.* It all boils down to the type and location of housing that family members will accept as everything is actually available here. [end of rant]

[bearishgurl]

[quote=joec]One thing that you do see is a lot of the children of families in San Diego or the bay area can’t really stay there. Maybe that’s how it’s supposed to be…[/quote]

joec, I don’t really see this as many of the schools in Sweetwater are overcrowded, even though there have been 2 new high schools built within the last few years. I know some of this may be due to families living in MX and using documents from a U.S. address within the district to enroll.

I really feel families CAN STAY HERE but do not CHOOSE TO. Transplanted families (with no family ties here) seem, for the most part, to be disenchanted with the housing stock available at the existing rental/purchase prices. Even if they sold their home in another state, many families still don’t have the down payment needed to purchase the home and/or the calibur of neighborhood they have become *accustomed to* in another state (or interior CA county).

Also, many moms refuse to work under any circumstances, even if their child(ren) are in school all day. Many women (wives/moms) are/were still under a delusion that they can purchase property here and remain *at home* indefinitely while their deferred student loans become due and their mortgages adjust and reset, leaving all living expenses to one worker (who could become sick or disabled).

I’ve seen this phenomenon all my life, especially with transferred US government and military families.

OTOH, young families who have family ties here (to possibly help with day-care exp) will probably never move very far from where they grew up. People who have lived here most or all their lives do not tend to compare available housing stock here with what may be available for a particular price somewhere else.

This comparison is faulty because there IS NO COMPARISON. It is comparing apples to oranges. It’s a free country and if one doesn’t like the “tradeoffs” one has to make to live in SD or the SF Bay area, then they should MOVE to someplace they perceive as “cheaper” or “more conducive to living in a `one-income family'” and be happy with the life they chose. But it will NOT be in coastal CA.

Yes, joec, that’s how it’s *supposed to be.* It all boils down to the type and location of housing that family members will accept as everything is actually available here. [end of rant]

[bearishgurl]

[quote=joec]One thing that you do see is a lot of the children of families in San Diego or the bay area can’t really stay there. Maybe that’s how it’s supposed to be…[/quote]

joec, I don’t really see this as many of the schools in Sweetwater are overcrowded, even though there have been 2 new high schools built within the last few years. I know some of this may be due to families living in MX and using documents from a U.S. address within the district to enroll.

I really feel families CAN STAY HERE but do not CHOOSE TO. Transplanted families (with no family ties here) seem, for the most part, to be disenchanted with the housing stock available at the existing rental/purchase prices. Even if they sold their home in another state, many families still don’t have the down payment needed to purchase the home and/or the calibur of neighborhood they have become *accustomed to* in another state (or interior CA county).

Also, many moms refuse to work under any circumstances, even if their child(ren) are in school all day. Many women (wives/moms) are/were still under a delusion that they can purchase property here and remain *at home* indefinitely while their deferred student loans become due and their mortgages adjust and reset, leaving all living expenses to one worker (who could become sick or disabled).

I’ve seen this phenomenon all my life, especially with transferred US government and military families.

OTOH, young families who have family ties here (to possibly help with day-care exp) will probably never move very far from where they grew up. People who have lived here most or all their lives do not tend to compare available housing stock here with what may be available for a particular price somewhere else.

This comparison is faulty because there IS NO COMPARISON. It is comparing apples to oranges. It’s a free country and if one doesn’t like the “tradeoffs” one has to make to live in SD or the SF Bay area, then they should MOVE to someplace they perceive as “cheaper” or “more conducive to living in a `one-income family'” and be happy with the life they chose. But it will NOT be in coastal CA.

Yes, joec, that’s how it’s *supposed to be.* It all boils down to the type and location of housing that family members will accept as everything is actually available here. [end of rant]

[bearishgurl]

[quote=joec]One thing that you do see is a lot of the children of families in San Diego or the bay area can’t really stay there. Maybe that’s how it’s supposed to be…[/quote]

joec, I don’t really see this as many of the schools in Sweetwater are overcrowded, even though there have been 2 new high schools built within the last few years. I know some of this may be due to families living in MX and using documents from a U.S. address within the district to enroll.

I really feel families CAN STAY HERE but do not CHOOSE TO. Transplanted families (with no family ties here) seem, for the most part, to be disenchanted with the housing stock available at the existing rental/purchase prices. Even if they sold their home in another state, many families still don’t have the down payment needed to purchase the home and/or the calibur of neighborhood they have become *accustomed to* in another state (or interior CA county).

Also, many moms refuse to work under any circumstances, even if their child(ren) are in school all day. Many women (wives/moms) are/were still under a delusion that they can purchase property here and remain *at home* indefinitely while their deferred student loans become due and their mortgages adjust and reset, leaving all living expenses to one worker (who could become sick or disabled).

I’ve seen this phenomenon all my life, especially with transferred US government and military families.

OTOH, young families who have family ties here (to possibly help with day-care exp) will probably never move very far from where they grew up. People who have lived here most or all their lives do not tend to compare available housing stock here with what may be available for a particular price somewhere else.

This comparison is faulty because there IS NO COMPARISON. It is comparing apples to oranges. It’s a free country and if one doesn’t like the “tradeoffs” one has to make to live in SD or the SF Bay area, then they should MOVE to someplace they perceive as “cheaper” or “more conducive to living in a `one-income family'” and be happy with the life they chose. But it will NOT be in coastal CA.

Yes, joec, that’s how it’s *supposed to be.* It all boils down to the type and location of housing that family members will accept as everything is actually available here. [end of rant]

[bearishgurl]

[quote=joec]One thing that you do see is a lot of the children of families in San Diego or the bay area can’t really stay there. Maybe that’s how it’s supposed to be…[/quote]

joec, I don’t really see this as many of the schools in Sweetwater are overcrowded, even though there have been 2 new high schools built within the last few years. I know some of this may be due to families living in MX and using documents from a U.S. address within the district to enroll.

I really feel families CAN STAY HERE but do not CHOOSE TO. Transplanted families (with no family ties here) seem, for the most part, to be disenchanted with the housing stock available at the existing rental/purchase prices. Even if they sold their home in another state, many families still don’t have the down payment needed to purchase the home and/or the calibur of neighborhood they have become *accustomed to* in another state (or interior CA county).

Also, many moms refuse to work under any circumstances, even if their child(ren) are in school all day. Many women (wives/moms) are/were still under a delusion that they can purchase property here and remain *at home* indefinitely while their deferred student loans become due and their mortgages adjust and reset, leaving all living expenses to one worker (who could become sick or disabled).

I’ve seen this phenomenon all my life, especially with transferred US government and military families.

OTOH, young families who have family ties here (to possibly help with day-care exp) will probably never move very far from where they grew up. People who have lived here most or all their lives do not tend to compare available housing stock here with what may be available for a particular price somewhere else.

This comparison is faulty because there IS NO COMPARISON. It is comparing apples to oranges. It’s a free country and if one doesn’t like the “tradeoffs” one has to make to live in SD or the SF Bay area, then they should MOVE to someplace they perceive as “cheaper” or “more conducive to living in a `one-income family'” and be happy with the life they chose. But it will NOT be in coastal CA.

Yes, joec, that’s how it’s *supposed to be.* It all boils down to the type and location of housing that family members will accept as everything is actually available here. [end of rant]

[joec]

One thing with globalization is that labor costs in capitalism is a race to the bottom for companies. Translated here, it becomes tough for a lot of middle class or even upper class folks to keep doing what they were doing to make a living if they lose their job. There’s enough articles on folks taking lower pay and staying there afterwards.

We can all close our eyes and cover our ears and say do something that can’t be moved or isn’t needed, but you’re bound to leave some folks behind and that’s happening now.

Not that anyone should be “entitled” to anything or given anything at all (hey, the world is a mean place), but not every 50 year old or 40 year old can re-invent themselves every 5 years on a whim. It’s just not that simple with kids, family…mortgages, college funds, health care, etc and that’s why you have all these articles about the middle class.

In China, this is even happening now. (This is the first article I googled on it, but there are more) and they are moving factories to inland areas (and some US companies are actually coming back here).

http://english.peopledaily.com.cn/90001/90778/90860/7035121.html

[joec]

One thing with globalization is that labor costs in capitalism is a race to the bottom for companies. Translated here, it becomes tough for a lot of middle class or even upper class folks to keep doing what they were doing to make a living if they lose their job. There’s enough articles on folks taking lower pay and staying there afterwards.

We can all close our eyes and cover our ears and say do something that can’t be moved or isn’t needed, but you’re bound to leave some folks behind and that’s happening now.

Not that anyone should be “entitled” to anything or given anything at all (hey, the world is a mean place), but not every 50 year old or 40 year old can re-invent themselves every 5 years on a whim. It’s just not that simple with kids, family…mortgages, college funds, health care, etc and that’s why you have all these articles about the middle class.

In China, this is even happening now. (This is the first article I googled on it, but there are more) and they are moving factories to inland areas (and some US companies are actually coming back here).

http://english.peopledaily.com.cn/90001/90778/90860/7035121.html

[joec]

One thing with globalization is that labor costs in capitalism is a race to the bottom for companies. Translated here, it becomes tough for a lot of middle class or even upper class folks to keep doing what they were doing to make a living if they lose their job. There’s enough articles on folks taking lower pay and staying there afterwards.

We can all close our eyes and cover our ears and say do something that can’t be moved or isn’t needed, but you’re bound to leave some folks behind and that’s happening now.

Not that anyone should be “entitled” to anything or given anything at all (hey, the world is a mean place), but not every 50 year old or 40 year old can re-invent themselves every 5 years on a whim. It’s just not that simple with kids, family…mortgages, college funds, health care, etc and that’s why you have all these articles about the middle class.

In China, this is even happening now. (This is the first article I googled on it, but there are more) and they are moving factories to inland areas (and some US companies are actually coming back here).

http://english.peopledaily.com.cn/90001/90778/90860/7035121.html

[joec]

One thing with globalization is that labor costs in capitalism is a race to the bottom for companies. Translated here, it becomes tough for a lot of middle class or even upper class folks to keep doing what they were doing to make a living if they lose their job. There’s enough articles on folks taking lower pay and staying there afterwards.

We can all close our eyes and cover our ears and say do something that can’t be moved or isn’t needed, but you’re bound to leave some folks behind and that’s happening now.

Not that anyone should be “entitled” to anything or given anything at all (hey, the world is a mean place), but not every 50 year old or 40 year old can re-invent themselves every 5 years on a whim. It’s just not that simple with kids, family…mortgages, college funds, health care, etc and that’s why you have all these articles about the middle class.

In China, this is even happening now. (This is the first article I googled on it, but there are more) and they are moving factories to inland areas (and some US companies are actually coming back here).

http://english.peopledaily.com.cn/90001/90778/90860/7035121.html

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