Originally posted by caltour:
1)Long term unemployment has become more common.
2)Fewer workers receive health insurance benefits.
3)Fewer workers receive pension benefits.
4)Real wages have declined for lower income workers.
5)Debt payments take an increasing greater portion of our incomes.
Off the top of my head:
1) But unemployment rate is half the rate in Western Europe
2) Maybe but medical care is VASTLY more capable that 20 years ago.
3) But more recieve 401Ks
4) But more dual income familys have raised family income
5) But record home ownership rates are part of that debt..
Not perfect but no great depression either..
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