Does anyone get the impression that the US economy and job market is rigged to benefit large corporations and private special interests?

[MusicForTheDeaf]

Does anyone get the impression that the US economy and job market is rigged to benefit large corporations and private special interests?

 

[MusicForTheDeaf]

I know someone who graduated with a masters degree in engineering, and the only job offer he received after more than a year of searching was selling cameras at best buy.

Something is VERY wrong!

 

[lifeis2short2b]

Your just figuring this out now ?????

There is a political board for this. Good luck and wear a helmet you'll be banging your head against the wall.

 

[Saint_Ann]

Does anyone get the impression that the US economy and job market is rigged to benefit large corporations and private special interests?

If the guy writing the paychecks isn't making any money, there are no jobs.

 

[Shaglus_Ziegler]

Does anyone get the impression that the US economy and job market is rigged to benefit large corporations and private special interests?

That’s how the game board was designed!!

 

[MusicForTheDeaf]

That’s how the game board was designed!!

This is why people, especially college graduates, are moving out of the US to look for better opportunities abroad.

The hiring standards and practices in America are laughably absurd and completely unrealistic. Eventually you will need to have a MA and 10+ years of experience just to be a cashier at a McDonalds.

A college education costs $120,000 to $250,000. imagine not being able to start a working career without incurring that kind of debt.

America is on a steep decline, the dollar is rapdily losing it's purchasing power thanks to the federal reserve printing up trillions of dollars, and the "American dream" is no longer accessible to the middle class.

The utopian egalitarian America that the greatest generation and baby boomer generation once knew, where there were more opportunities and pathways to economic mobility than anywhere else in the world, NO LONGER EXISTS!

 

[MusicForTheDeaf]

Even with something like a medical degree, most graduates have ~$500,000 of debt, which makes it almost a complete wash, unless you go into a surgical residency.

 

[MusicForTheDeaf]

There are many cities in the US where $100,000 per year is barely enough money to be able to pay the rent.

Wages have stagnated and are not keeping up with inflation.

The overwhelming majority of Americans, especially young people, cannot afford to buy a new house, as they have doubled, tripled, and even quadrupled in price as the bulk of real estate in the US (roughly 40%) is being bought-out by companies like blackrock and vanguard, who are turning them into rental properties and jacking up prices to maximize their profits.