'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits
'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits
CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.
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But would you consider that poor then? Maybe money was easier to obtain, but starvation/malnutrition rates have constantly been on a steady decline until the last few years. Not often you see people using a burlap sack to cloth their families, child labor, things like that. And we do have a lot of social programs like SNAP that didnt exist pre-1970s.1980s had the Homeless act. The world has changed drastically in the last 50-100 years.
But I guess you could make solid arguments that the economy is generally harder now, so its worse for the majority, incuding the poor.
Not often you see people using a burlap sack to cloth their families, child labor, things like that. And we do have a lot of social programs like SNAP that didnt exist pre-1970s
Burlap sacks and child labor were prevalent in the 1930's Depression.
Johnson's War On Poverty began in 1964
https://en.wikipedia.org/wiki/War_on_poverty
Homelessness became rife in the 1980s when Ronald Reagan slashed spending. He'd done the same thing as California governor and should have known what would happen when he took his act national.
So, we have been progessing over time, until recently, correct?
Now lets bring being poor as a different demographic than white male in history as well.
Because there was a black millionaire in the early 1900s, it was easier to be poor and black before/during the civil rights movement than it is in modern day?
I dont feel like we are having a coherent converation and these replies are purely reactive?
I never felt we were having a coherent conversation.