Friday, November 17, 2006

The Drift Towards a Class System by Jim Webb

Click the link above for the article (or a part of one) has been reposted by a blogger over at ProgressiveU. The article originally appeared in the Wall Street Journal (subscription required) by Jim Webb, the new Senator-elect from Virginia.

1 comment:

Teri said...

I have to agree with him. Back in the late 70s, I used to make $10 an hour as a seasonal laborer for the Forest Service. After 3 years in community college and 11 years in the I.T. world, I still make basically that. (Well, they did give me a raise to $11.) We continually hear that US workers are not competitive because they don't get enough education. We are not competing with PhDs. We are competing with totally unskilled labor with a lower cost of living than we have forced on us in this country.

It has been my belief for many years now that the point of globalization is to bring our standard of living down to third world level. The rich, of course, are protected from that. The poor and middle class are distracted by television and have absolutely no sense of history. People do not understand that the economy in the late 20s was moving along just swimmingly, until the financiers found out that it really wasn't under their control. History is about to repeat itself. It will quite literally ruin peoples' lives, in the same way that the tech crash ruined lives.