> RoMunn wrote:
> In a way, yes. The current dislocation is due to globalization and the rise
> of the information society.

Your narrative is so far beyond facts I gotta wonder if you even care
about reality.

You think Wall Street pay and bonuses are due to "globalization"?
LOL!  40%  - that's 40 - of "wealth" creation over the last decade has
been due to law changes in the financial services industry.

In case you hadn't noticed, we've had a lobbyist bubble, so let's take
a look at a few industries:

(1.) Autos:  Bankrupt.  HUGE lobbyists.  Had congress change all
manner of laws to allow them to make SUVs.

(2.) Financial Services:  Bankrupt.  HUGE lobbyists.  Had congress
change all manner of laws to allow them make all manner of unregulated
products.

(3.) Food Industry: Not Bankrupt.  HUGE lobbyists.  Had congress
change all manner of laws to allow them to invent/change all manner of
products to include corn. Result: America is basically being poisoned,
record levels of obesity, diabetes, and other diseases and record
amount of health care costs.

Oh?  Still not convinced?  How about we look at an average family?

* 1960s: dad worked, mom stayed home.

* 1980s: dad work, had to send mom to work to keep same lifestyle

* 2000s: dad worked, mom worked, had to borrow home equity money to
keep same lifestyle.

Seeing a pattern?  Oh, and over the Bush years not only did debt rise
to record levels, but average income fell.

The problem, in case you hadn't noticed, is lobbyist-inspired laws
that favor individual industries at the expense of America as a whole.

And now we're reaping what we've sown.

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