90% of Americans Earn Less Than 1950 Minimum Wage Standard
The good ol' days. We always hear about them from our parents and grandparents. Some of us were there and still look back with fond nostalgia to the heyday of American capitalism. The 1950's defined the American ideal. We had emerged from World War II as the richest, most powerful nation on the planet, and we were ready to cash in on our victory.
There was a suburban home with a white picket fence, a new car built from American steel sitting in the driveway, a regular 9-to-5 job, good schools for your children, and a good wife who managed the homefront with aplomb and a fresh baked apple pie. The American dream was not just a television show in black-and-white television re-runs, that was how we actually lived. It was a way of life that was attainable for just about anyone willing to work hard, and work hard we did.
Our parents and grandparents were no slackers. They had paid their dues through the most destructive war mankind had ever known, they had struggled through the misery of the Great Depression before that. They were grateful to be rewarded now with an honest day's pay for an honest day of work, and spiteful of those godless Communists who could promise only drudgery. Our own social contract worked out just fine. Our obligations to our neighbors and to our country were tempered by the personal liberty prescribed in our nation's Constitution. The harder we worked, the better life would be, and there were no free rides for anyone. The promise of freedom was never more clear. Each man would be made or broken on the basis of his very own efforts. And for the time-being, it was upheld by a government we still believed was for the people and by the people, serving the interests of the people.
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STATION.6.UNDERGROUND - "The hottest places in Hell are reserved for those who in time of great moral crises maintain their neutrality." ~Dante Aleghieri