But then, between 1870 and 1920 roughly 11,000,000 people said goodbye to Ma and Pa and moved to cities to take advantage of industrialization and 25,000,000 (legal) immigrants joined them. Obviously, this was a really big feckin’ deal that changed everything.
Yes, Virginia, we are a nation of immigrants.
The rust belt started rusting and we’ve been arguing over who and/or what the cause was and what should’ve been/should be done about it ever since.
Jimmy Carter made us feel like it was game over but Ronald Reagan made us feel like it was a new season and we were bound to come out on top.
The roaring nineties, the result of the rapid spread of the internet and the seemingly endless possibilities for new ways to make money, made us think Regan may have been right. It was only a matter of time before all those economic refugees from the factories and the mills would be reabsorbed into the economy, just like the unemployed buggy whip makers eventually were after the last time something like this happened.
The whole world was going to prosper by adopting the aforementioned pursuit of self-interest, division of labor, and freedom of trade. The American way (a phrase that I suspect most of my younger gentlereaders may not truly appreciate the meaning and significance of) had triumphed. It was The End of History and the good guys (us) had won.
Big BUT...
China’s been doing its level best to prove that economic freedom (well, more or less) is perfectly compatible with draconian restrictions on political and personal freedom powered by cutting-edge technology — much of which they purchased or stole (and continue to steal) from the Western Barbarians.
The Pooteen is doing his level best to prove that history's not over and that bloody wars of attrition haven’t gone out of style, particularly for the dick-tater class.
Meanwhile, here in the land of the free and the home of the brave, it turns out that you can’t print money and accumulate massive debt without unleashing the inflation dragon after all.
Oopsie.
Ya’d think this would call attention to the possible long-term effects of a cumulative 2% inflation rate, that’s now regarded as the minimum price we should/must pay for fiat money that’s backed by nothing much, would be getting more attention.
{I’ll bite, why should we care about that?}
It’s the reason we have to play/are at the mercy of the stock market. Living within your means and saving up your dough is nowadays a suckers bet. You have to bet on the stock market and pray the value of your house (of cards) doesn’t collapse before you do.
I’m not going to explore the fighting of endless wars… or the fact the Democratic Party has been taken over by relatively tiny groups of Wokies, Greenies, and folx on the sexual fringe… or that the Republican Party gave us the Donald, a gift that just keeps on giving… or that both parties are incapable of compromise on issues normal, everyday Americans would like to compromise on and then move on… or mention that Hollywood, academia, certain corporations and much of the mainstream media, have chosen sides and pursue their agenda like the devoted members of a cult. Or…
{Could we move on, please?}
Point taken, Dana. I’m primarily concerned about the Woke folx, many of them the postmodern versions of Lenin's useful idiots, who think they are changing the world but are actually controlled by duplicitous tech oligarchs with the help of a corrupt clerisy. Folx that take their salaries and bennies for granted, and sneer at the beliefs and lifestyles of people with blue collars who built (and maintain) America.
Having gleefully “disrupted” millions of people out of a job they’re now working their bums off building robots and developing artificial intelligenci to disrupt millions more.
I’m concerned that no shortage of techies are telling us that it’s only a matter of time before our machines and technology will be smarter than we are and might decide to delete our dim, inefficient, species -- yet keep working to make it happen.
I’m concerned that irregardless, millions of us will be out of work and that this will finish off the middle class.
