You now have enormous piles of debt, obesity, millions hooked on drugs, a blossoming private prison industry and a nation without a future?
I quote from Wikipedia: ‘In 2013, George Friedman, the head of Stratfor, wrote that the middle class' standard of living was declining, and that "If we move to a system where half of the country is either stagnant or losing ground while the other half is surging, the social fabric of the United States is at risk, and with it the massive global power the United States has accumulated."[54]’
https://en.m.wikipedia.org/wiki/Standard_of_living_in_the_Un...
Looks like most of the gains since the 80s have been concentrated to the top.
Isn't this what happened because companies moved their manufacturing to other countries?
That's really a decision each person should make for themselves, and it was a big part of the reason Trump won the election. Most people don't think their QoL has improved.
Obviously the perspective here is different due to the success of the US software industry, but that industry only employs a tiny fraction of the population.