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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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>> No.55735169 [View]
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55735169

>unable to take care of its veterans

>unable to provide healthcare, housing, or education to its own citizens

>unable to provide good jobs to its own citizens

>largest prison population in the world

>largest homeless population in the world

>higher suicide rate than Japan

>lower life expectancy than Cuba

>higher crime rate than Pakistan or Romania

>unable to provide basic workers' rights to its own citizens (paid time off, sick leave, parental leave, etc)

>most of its GDP is based off overinflated asset valuations in speculative non-productive industries like finance, real estate, or insurance

>> No.55670567 [View]
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55670567

My grandpa in the 1960s was a high school dropout who got a job at the local gas station stocking shelves and pumping gas.

He made enough money to buy a 5 bedroom house, 2 nice cars, singlehandedly support his wife and 4 kids as the sole breadwinner, and send all 4 kids to college (fully paid, no loans). He later was able to buy a second vacation house, and he eventually retired at 57 with a very generous pension that allowed him to tour the world.

In 2023, I as a mechanical engineer with a fucking Master's degree am not able to do even 1/5 of that thanks to stagnant wages and sky high cost of living. That job at the gas station is now held by a Pajeet making minimum wage.

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