Quote:When I left home to get married, we were flat broke and my only dowry was my dog. My mom, single at that time, nor my husband's parents were in any position to help us in any way. The wedding shower provided a few of the basics and then between the two of us we held down five jobs to get necessities such as furniture, pay off the used car, pay the rent and utilities, and keep ourselves in decent clothes and enough groceries and try to continue our education. There was no shame in that and it sure didn't hurt us...
And I don't believe for a minute that the American dream is dead or beyond the reach of anybody with the determination and motivation to go after it. It might require tasting a bit of poverty, holding a 'degrading' job or two, and sacrificing some fun and games along the way, but I think most who do it that way don't regret it and think it was all quite worth it.
I think both Aidan and LockeD are speaking of the purchasing power of the dollar (inflation). Squinney's $20,000 job enabled her to live in comfort 20 years ago. That's about $1,250 a month, after taxes of approx. 25%. Today, the average price of a one-bedroom apartment is close to $850 in major cities where the clerical jobs are. Add on to that the cost of food, utilities, health insurance, renter's insurance, transportation (public or car, insurance, fees and maintenance). That does not leave much room for anything extravagant like cable TV, cell telephones, and other luxuries most people view as necessitates. You don't get those with that $9.61 ($20,000)an hour job unless you are working two of them.
That $20,000 comfy salary 20 years ago, leaves you as one of the working poor in this country, especially if your rent should be increased, an illness occurs or transportation breaks down. The costs of food, utilities, and health care have been rising much faster than salaries.
Moreover, this is not just regarding the new generation of graduates heading into the workforce. Many people have already earned all those luxurious cable TVs, cell phones, fancy cars and other symbols of success. With all the higher paying service industry and clerical jobs going overseas, many well-established workers find themselves having to work 2 and 3 jobs just to stay even now. If you were one of many who were sucked into the American Dream fed by the banking industry's credit card drug, you're now hitting bottom and need to get off that addiction before it destroys you.
For those who saw the writing years ago and cleaned up all their debt, they are watching their grasp of those items they worked so hard to earn, slowly slip away from them. People are not working 2 or 3 jobs to feed their ambition. They are working 2 or 3 jobs to tread water and still feed themselves. More and more people's heads are dipping under water. If anything wears out, they cannot afford to replace it.
That is what LockeD and Aidan are choking on. People in the service industry, the working poor, are slipping into poverty because the middle class is losing ground right along with them and employers aren't stupid. They are hiring the experienced, veteran job seeker (all those middle managers that lost their jobs) for entry-level jobs. It is not about ambition and wishing to increase financial status. It is about survival. Anybody remember the stories we heard in school. Computers are the future of America. Computers will not eliminate jobs, they will enable Americans to work smarter and more efficiently, and provide more free time for them to enjoy their time off away from their jobs. We are working smarter and more efficiently, but we sure are not seeing any of that free time. All we are seeing is stagnant rates of pay while basic costs of living skyrocket and our good-paying jobs go elsewhere.
If you have a great job, best hold on to it. You will not find another one that pays as well for the same kind of work. To do so, you'll have to move out of state, away from family much like families did in the '50's when people had to move off the farms and find jobs in the cities to maintain the family farm. And even then, don't count on the salaries remaining high while the cost of living is lower. People suggest migrating to areas with a lower cost of living without also looking at the fact that salaries paid in those areas are also lower. The purchasing power of your dollar still remains marginal.