@jon-nyc said in It's Morning in America:
https://x.com/KAErdmann/status/1836468686565314711
Great! Let’s take a deeper dive.
We know that much of the GDP growth recently has been driven by new jobs, right?
We also know that the vast majority of new jobs over the past three years have gone to foreign born workers… Oh, I know WaPo and Politifact have both fact checked that claim by pretending the workers returning to their pre-existing jobs post-COVID are new jobs, but we can all be honest here.
So the real improvement for most Americans by the great economic conditions has only been in their retirement accounts thanks to S&P gains. Except, those gains have been mitigated for many/most(?) as they have been pulling money from those accounts in alarming amounts to pay bills. https://www.pbs.org/newshour/show/why-more-americans-are-making-hardship-withdrawals-from-retirement-accounts
So you can claim it’s a good morning, but most Americans aren’t feeling it.
And now, as it turns out, a significant amount of the foreign born labor market has been little better than chattel slavery or indentured servitude. https://jewishjournal.com/commentary/opinion/375011/feds-and-state-ag-investigate-an-alleged-human-trafficking-empire-run-in-springfield-ohio/
Now this is only Springfield, but the story is the same in Charleroi, and countless other small communities.
A real hard look is being taken at countless migrant staffing agencies in the US, and so far it’s looking bad. Very bad.
It was a good morning in the 1840s, too, back when Cotton was King.