The Collapse of The American Dream Explained in Animation

[La ResistanceZ]

 

[Kompromat]

Very thought provoking indeed. Thanks for a nice share.

 

[longyi]

My father worked through high school in the middle 50s and got a great job with Ma Bell (old AT&T before its breakup), as soon as he got out, with great pension plan, full healthcare coverage and a 20 year retirement plan. His base pay was $150 a week with 3 annual raises that average 8% a year. He bought an used car and rented a 2 big bedrooms, a large living room with a smaller dining room and a huge kitchen for $42 a month.

He married his high school sweetheart and bought a grand two family house for $22,000 and, with small loan from my grandfather, paid with cash. They had three kids and never paid a dime for their educations through colleges. My mother never worked one day outside the house, she didn't need to because my father's one salary was more than enough for the whole family.

My father retired, barely 40, in the mid 70s with a full pension and healthcare benefit for the whole family. He open a small secured business to kill time and sold out when the hard time came in the early 80s. He picked up golf since and still plays twice a week.

My father's generation lived in the American Dreams that will never come again.

 

[Hyperion]

My father worked through high school in the middle 50s and got a great job with Ma Bell (old AT&T before its breakup), as soon as he got out, with great pension plan, full healthcare coverage and a 20 year retirement plan. His base pay was $150 a week with 3 annual raises that average 8% a year. He bought an used car and rented a 2 big bedrooms, a large living room with a smaller dining room and a huge kitchen for $42 a month.

He married his high school sweetheart and bought a grand two family house for $22,000 and, with small loan from my grandfather, paid with cash. They had three kids and never paid a dime for their educations through colleges. My mother never worked one day outside the house, she didn't need to because my father's one salary was more than enough for the whole family.

My father retired, barely 40, in the mid 70s with a full pension and healthcare benefit for the whole family. He open a small secured business to kill time and sold out when the hard time came in the early 80s. He picked up golf since and still plays twice a week.

My father's generation lived in the American Dreams that will never come again.

Dude, perfectly put. That is exactly what happened in the UK and Western Europe in general.

Right now I see couples struggling with two salaries, and all are postgraduates, just to pay mortgage... sad times indeed for the masses!

 

[Mahmoud_EGY]

My father worked through high school in the middle 50s and got a great job with Ma Bell (old AT&T before its breakup), as soon as he got out, with great pension plan, full healthcare coverage and a 20 year retirement plan. His base pay was $150 a week with 3 annual raises that average 8% a year. He bought an used car and rented a 2 big bedrooms, a large living room with a smaller dining room and a huge kitchen for $42 a month.

He married his high school sweetheart and bought a grand two family house for $22,000 and, with small loan from my grandfather, paid with cash. They had three kids and never paid a dime for their educations through colleges. My mother never worked one day outside the house, she didn't need to because my father's one salary was more than enough for the whole family.

My father retired, barely 40, in the mid 70s with a full pension and healthcare benefit for the whole family. He open a small secured business to kill time and sold out when the hard time came in the early 80s. He picked up golf since and still plays twice a week.

My father's generation lived in the American Dreams that will never come again.

who do you think responsible for this ?
1 the big business men and bankers 2 your country forging policy 3 the middle class getting lazy 4 the economic system which allow people with limited budget get houses and cars they cant offered so this system was going to fail anytime

 

[A.Rafay]

>>>Headed to Wikipedia!!

 

[longyi]

who do you think responsible for this ?
1 the big business men and bankers 2 your country forging policy 3 the middle class getting lazy 4 the economic system which allow people with limited budget get houses and cars they cant offered so this system was going to fail anytime

Because America is a land of immigrants we were never lazy and still aren't, middle class or not. The problems, leave politic aside, began with the oil embargo in the 70s but then it was immaterial because oil would have eventually go up as the world population and industrialization expanded. Oil reserved and production simply couldn't catch those demands hence the drastic rose of oil price and continuing today into the future .

Because of high energy prices the cost of living is high worldwide as people do not learn how to survive without energy. When I say American Dream it doesn't restrict to America alone and the problems are global.

Politic is something I don't want go into because there's nothing, as a person, can do about it. I know many people, including myself, hold no mortgages on our houses so budget wise it's all according to individuals. Our generations can not living like my father's because oil price (He told me it cost him 13 cents a gallon when he filled up his first tank of gas) caused everything to rise and wages simply couldn't catchup with those increases.

 

[vi-va]

He who sacrifices freedom for security deserve neither.

 

[H. Dawary]

He who sacrifices freedom for security deserve neither.

That quote only has meaning if it doesn't come from a dictatorship...

 

[vi-va]

That quote only has meaning if it doesn't come from a dictatorship...

Totally agree.

https://defence.pk/pdf/threads/chomsky-the-united-states-is-not-a-democracy.662258/

Chomsky: The United States Is Not A Democracy. Imo, it's Kleptocracy, or Plutocracy, kind of Dictatorship.

 

[Basel]

Dude, perfectly put. That is exactly what happened in the UK and Western Europe in general.

Right now I see couples struggling with two salaries, and all are postgraduates, just to pay mortgage... sad times indeed for the masses!

Were also on same route specially in cities.

 

[letsrock]

My father worked through high school in the middle 50s and got a great job with Ma Bell (old AT&T before its breakup), as soon as he got out, with great pension plan, full healthcare coverage and a 20 year retirement plan. His base pay was $150 a week with 3 annual raises that average 8% a year. He bought an used car and rented a 2 big bedrooms, a large living room with a smaller dining room and a huge kitchen for $42 a month.

He married his high school sweetheart and bought a grand two family house for $22,000 and, with small loan from my grandfather, paid with cash. They had three kids and never paid a dime for their educations through colleges. My mother never worked one day outside the house, she didn't need to because my father's one salary was more than enough for the whole family.

My father retired, barely 40, in the mid 70s with a full pension and healthcare benefit for the whole family. He open a small secured business to kill time and sold out when the hard time came in the early 80s. He picked up golf since and still plays twice a week.

My father's generation lived in the American Dreams that will never come again.

All that was made possible due to spoils of second world war for american industry. Most of Europe industry was destroyed - whatever general electric churned out from Fridges to washing machines to anything found an instant and captive market worldwide. This coupled with Fannie Mae and Freddie Mac which offered an unthinkable 30 year mortgages allowed american to live the dream - large house with low payments, finish highschool, marry sue down the lane, get a job at the local factory, retire at 40-50 with lifelong pension at 90% of last drawn salary.

Meanwhile Japan and Germany were rebuilding their industry. Oil shock was great advertisement to japan's competitive advantage. America got competition. But nevertheless prosperity came again via petro dollar allowing US to print its way out of troubles while rest of the world worked hard and traded their hardwork for dollar. But its no longer as it used to be.

But still the country has a humongous edge for its richer capitalist class and the world still has nothing to compete with its very high end industry ranging from high end consumer tech like mobiles to space tech to aircraft tech.

 

[vi-va]

The so called American Dream is base on

1. Extinction of Native Americans.
2. Unlimited resource.
3. Safety environment protected by Atlantic and Pacific Ocean.

Now, with Coronavirus, we see clearer how flawed the American political system is, and how brainwashed their people are.

 

[Old School]

 

[Aspen]

People talk about the American Dream.

Well it looks like the current generation of Americans will be the first to make less than their parents. That tells you all you need to know about what the corrupt criminals in DC have done. They have run this country in into the ground to enrich themselves. Nancy Pelosi posed in front of her $25,000 luxury fridge and gourmet ice cream while the working class is struggling to get a one time $1,200 paycheck to pay their rent and small business owners are left in the cold after Congress bullshits everyone claiming they don't need it. Americans should be outraged at how their government is treating them. The US treasury is being looted by every corporation that is asking for a bailout, socializing losses of corporations with taxpayer money and privatizing profits. Why are golf, cruise, bowling, and casino industries being handed a federal bailout? Because Trump has stakes in golf and casino companies, conflict of interests be damned. And then Congress says they can't afford to pay for a basic college education and a federal minimum wage after a $2.3 trillion corporate bailout. What are they smoking? The middle class is getting screwed at every turn, with tax increases and an incompetent healthcare system. Infrastructure and education are the lowest priorities of the government.

America needs a massive revolution to fix the damage that DC has done. 1776 but bigger.