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August 4, 2010 at 1:13 PM in reply to: Gone with the Globalization, that is the US Middle Class #586948August 4, 2010 at 1:13 PM in reply to: Gone with the Globalization, that is the US Middle Class #587056
enron_by_the_sea
Participant[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
August 4, 2010 at 1:13 PM in reply to: Gone with the Globalization, that is the US Middle Class #587360enron_by_the_sea
Participant[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
August 3, 2010 at 2:15 PM in reply to: Gone with the Globalization, that is the US Middle Class #585877enron_by_the_sea
Participant[quote=Ash Housewares][quote=weberlin]
I was merely making an observation, not whining about entitlements. My question remains unanswered. How did people in the 1950s live an extravagant lifestyle (compared to 1900) on one income, and why didn’t the same argument work for the next 50 years (2000 vs 1950)? I contend the answer is globalization. I’d love to hear other theories. Please enlighten me.[/quote]Maybe 50s was an aberration! Infrastructure/industries in most of western Europe & Japan was destroyed in WWII. USSR and eastern Europe was destroying themselves with communism. China was just getting out of messy civil war embarking onto another couple of failed social disasters. India just become independent with zero infrastructure about to enter into a few wars and famines.
It took good two decades (or longer) for rest of the world to rebuild their societies, educate their people and so on…
It is not like there was no globalization in the 50s-60s. But rather in the 50s – 60s, products produced in US by US producers/businesses/exporters had very little competition. The world needed US whatever the price. China couldn’t produce anything anyway, so it was not a threat. There was not many educated Indians, so there was question of doing any back office work there…
I am not saying that USA can not compete (although there seem to be many people who believe that on this board.). Afterall we were the world’s workshop before China. It is just that when you need to compete, it doesn’t feel so good! Easy money is always more popular that hard earned money
August 3, 2010 at 2:15 PM in reply to: Gone with the Globalization, that is the US Middle Class #585970enron_by_the_sea
Participant[quote=Ash Housewares][quote=weberlin]
I was merely making an observation, not whining about entitlements. My question remains unanswered. How did people in the 1950s live an extravagant lifestyle (compared to 1900) on one income, and why didn’t the same argument work for the next 50 years (2000 vs 1950)? I contend the answer is globalization. I’d love to hear other theories. Please enlighten me.[/quote]Maybe 50s was an aberration! Infrastructure/industries in most of western Europe & Japan was destroyed in WWII. USSR and eastern Europe was destroying themselves with communism. China was just getting out of messy civil war embarking onto another couple of failed social disasters. India just become independent with zero infrastructure about to enter into a few wars and famines.
It took good two decades (or longer) for rest of the world to rebuild their societies, educate their people and so on…
It is not like there was no globalization in the 50s-60s. But rather in the 50s – 60s, products produced in US by US producers/businesses/exporters had very little competition. The world needed US whatever the price. China couldn’t produce anything anyway, so it was not a threat. There was not many educated Indians, so there was question of doing any back office work there…
I am not saying that USA can not compete (although there seem to be many people who believe that on this board.). Afterall we were the world’s workshop before China. It is just that when you need to compete, it doesn’t feel so good! Easy money is always more popular that hard earned money
August 3, 2010 at 2:15 PM in reply to: Gone with the Globalization, that is the US Middle Class #586503enron_by_the_sea
Participant[quote=Ash Housewares][quote=weberlin]
I was merely making an observation, not whining about entitlements. My question remains unanswered. How did people in the 1950s live an extravagant lifestyle (compared to 1900) on one income, and why didn’t the same argument work for the next 50 years (2000 vs 1950)? I contend the answer is globalization. I’d love to hear other theories. Please enlighten me.[/quote]Maybe 50s was an aberration! Infrastructure/industries in most of western Europe & Japan was destroyed in WWII. USSR and eastern Europe was destroying themselves with communism. China was just getting out of messy civil war embarking onto another couple of failed social disasters. India just become independent with zero infrastructure about to enter into a few wars and famines.
It took good two decades (or longer) for rest of the world to rebuild their societies, educate their people and so on…
It is not like there was no globalization in the 50s-60s. But rather in the 50s – 60s, products produced in US by US producers/businesses/exporters had very little competition. The world needed US whatever the price. China couldn’t produce anything anyway, so it was not a threat. There was not many educated Indians, so there was question of doing any back office work there…
I am not saying that USA can not compete (although there seem to be many people who believe that on this board.). Afterall we were the world’s workshop before China. It is just that when you need to compete, it doesn’t feel so good! Easy money is always more popular that hard earned money
August 3, 2010 at 2:15 PM in reply to: Gone with the Globalization, that is the US Middle Class #586611enron_by_the_sea
Participant[quote=Ash Housewares][quote=weberlin]
I was merely making an observation, not whining about entitlements. My question remains unanswered. How did people in the 1950s live an extravagant lifestyle (compared to 1900) on one income, and why didn’t the same argument work for the next 50 years (2000 vs 1950)? I contend the answer is globalization. I’d love to hear other theories. Please enlighten me.[/quote]Maybe 50s was an aberration! Infrastructure/industries in most of western Europe & Japan was destroyed in WWII. USSR and eastern Europe was destroying themselves with communism. China was just getting out of messy civil war embarking onto another couple of failed social disasters. India just become independent with zero infrastructure about to enter into a few wars and famines.
It took good two decades (or longer) for rest of the world to rebuild their societies, educate their people and so on…
It is not like there was no globalization in the 50s-60s. But rather in the 50s – 60s, products produced in US by US producers/businesses/exporters had very little competition. The world needed US whatever the price. China couldn’t produce anything anyway, so it was not a threat. There was not many educated Indians, so there was question of doing any back office work there…
I am not saying that USA can not compete (although there seem to be many people who believe that on this board.). Afterall we were the world’s workshop before China. It is just that when you need to compete, it doesn’t feel so good! Easy money is always more popular that hard earned money
August 3, 2010 at 2:15 PM in reply to: Gone with the Globalization, that is the US Middle Class #586915enron_by_the_sea
Participant[quote=Ash Housewares][quote=weberlin]
I was merely making an observation, not whining about entitlements. My question remains unanswered. How did people in the 1950s live an extravagant lifestyle (compared to 1900) on one income, and why didn’t the same argument work for the next 50 years (2000 vs 1950)? I contend the answer is globalization. I’d love to hear other theories. Please enlighten me.[/quote]Maybe 50s was an aberration! Infrastructure/industries in most of western Europe & Japan was destroyed in WWII. USSR and eastern Europe was destroying themselves with communism. China was just getting out of messy civil war embarking onto another couple of failed social disasters. India just become independent with zero infrastructure about to enter into a few wars and famines.
It took good two decades (or longer) for rest of the world to rebuild their societies, educate their people and so on…
It is not like there was no globalization in the 50s-60s. But rather in the 50s – 60s, products produced in US by US producers/businesses/exporters had very little competition. The world needed US whatever the price. China couldn’t produce anything anyway, so it was not a threat. There was not many educated Indians, so there was question of doing any back office work there…
I am not saying that USA can not compete (although there seem to be many people who believe that on this board.). Afterall we were the world’s workshop before China. It is just that when you need to compete, it doesn’t feel so good! Easy money is always more popular that hard earned money
enron_by_the_sea
Participant[quote=afx114]
I also don’t think it will pass, because unfortunately and as demonstrated by this board, any rational discussion of legalization turns into jokes about Cheetohs.[/quote]– What if they legalized pot but made cheetos illegal?
– Can we make more money if we did not tax pot but taxed cheetos heavily? (like Gillette with razors and HP with cartidges?
– Will Freeto-Lay support prop.19?
– Do you think the housing market will improve after passing of prop.19, with all the influx of people from other states? (Note to self – start looking for investment property in Mendocino county.)
enron_by_the_sea
Participant[quote=afx114]
I also don’t think it will pass, because unfortunately and as demonstrated by this board, any rational discussion of legalization turns into jokes about Cheetohs.[/quote]– What if they legalized pot but made cheetos illegal?
– Can we make more money if we did not tax pot but taxed cheetos heavily? (like Gillette with razors and HP with cartidges?
– Will Freeto-Lay support prop.19?
– Do you think the housing market will improve after passing of prop.19, with all the influx of people from other states? (Note to self – start looking for investment property in Mendocino county.)
enron_by_the_sea
Participant[quote=afx114]
I also don’t think it will pass, because unfortunately and as demonstrated by this board, any rational discussion of legalization turns into jokes about Cheetohs.[/quote]– What if they legalized pot but made cheetos illegal?
– Can we make more money if we did not tax pot but taxed cheetos heavily? (like Gillette with razors and HP with cartidges?
– Will Freeto-Lay support prop.19?
– Do you think the housing market will improve after passing of prop.19, with all the influx of people from other states? (Note to self – start looking for investment property in Mendocino county.)
enron_by_the_sea
Participant[quote=afx114]
I also don’t think it will pass, because unfortunately and as demonstrated by this board, any rational discussion of legalization turns into jokes about Cheetohs.[/quote]– What if they legalized pot but made cheetos illegal?
– Can we make more money if we did not tax pot but taxed cheetos heavily? (like Gillette with razors and HP with cartidges?
– Will Freeto-Lay support prop.19?
– Do you think the housing market will improve after passing of prop.19, with all the influx of people from other states? (Note to self – start looking for investment property in Mendocino county.)
enron_by_the_sea
Participant[quote=afx114]
I also don’t think it will pass, because unfortunately and as demonstrated by this board, any rational discussion of legalization turns into jokes about Cheetohs.[/quote]– What if they legalized pot but made cheetos illegal?
– Can we make more money if we did not tax pot but taxed cheetos heavily? (like Gillette with razors and HP with cartidges?
– Will Freeto-Lay support prop.19?
– Do you think the housing market will improve after passing of prop.19, with all the influx of people from other states? (Note to self – start looking for investment property in Mendocino county.)
enron_by_the_sea
ParticipantLOL !!!
enron_by_the_sea
ParticipantLOL !!!
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