MSI... technological advances will continue, no doubt, as has been the case now for decades. But has prosperity advanced as much?, has it advanced at all in the last 3 decades? Has it actually declined despite the communications revolution?... Check out the trend of the US median family income. There's no way it has kept up with inflation over this period, and that's even with many more women entering the workforce to help support the household.
1969 39,887
1970 39,802
1971 39,756
1972 41,710
1973 42,536
1974 41,416
1975 40,669
1976 41,953
1977 42,201
1978 43,538
1979 44,097
1980 42,557
1981 41,397
1982 40,836
1983 41,115
1984 42,384
1985 42,943
1986 44,778
1987 45,419
1988 45,334
1989 45,967
1990 45,064
1991 43,961
1992 43,429
1993 42,612
1994 43,597
1995 44,395
1996 44,915
1997 46,262
1998 47,769
1999 48,950
Look at 1987-1999, a mere $3500 increase in income during the biggest move of the bull market. Meanwhile a select few pocketed billions off the easy money politics- the "moneychangers". The increasing disparity of wealth is not healthy.
So in actuality in the last three decades income has not kept up with the cost of living despite all the new gadgets we have now. So what's going to change this trend going forward?, A cloned workforce to improve productivity? <g>
Meanwhile my dsl has been down since last Thurs and after 7 calls to Bellsouth they are sending someone tomorrow. And now since yesterday I can't access my email with Bellsouth, I called this morning and I guess they are still "working on it"... Maybe they do need clones! |
