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bubble burst). Most "new/replacement" jobs have lower wage with 20-30% reductions being the norm plus lower benefits, makaveli lyric higher healthcare costs, makaveli lyric and frequently as short/medium-term contracts. Perhaps there are some markets in the US that are doing fantastic, but I can't immediately identify any. Add to this that healthcare premiums, housing/rent prices, and utility costs (which are highly dependent on fuel costs[*]) are increasing substantially (double digit inflation) all of which translate to a work force that has a sharply-decreasing standard of life. I can't help compare my situation and those of my makaveli lyric friends and co-workers to my dad's. He worked for the same company for 34 years, owned a home, put three kids through private schools and college on a "blue collar" salary. He retired at 60, with a pension, and while he and my mom aren't living the high life, or are financially "comfortable," they don't seem to have any complaints. Unless things change considerably, I fear the post-WWII "golden age" is gone for my generation and at least the next. |
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