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Is the 'stuck' economy a global phenomenon? Americans share frustrations about not being able to get ahead despite education - is this a universal experience? (lemmy.ml)

submitted 1 day ago by [email protected] to c/[email protected]

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I've been noticing a recurring sentiment among Americans - frustration and disillusionment with the economy. Despite having gone to school, earned a solid education, and worked hard, many feel they can't get ahead or even come close to the standard of living their parents enjoyed.

I'm curious - is this experience unique to the United States, or do people in other countries share similar frustrations?

Do people in Europe, Australia, Canada, or elsewhere feel like they're stuck in a rut, unable to achieve financial stability or mobility despite their best efforts?

Are there any countries or regions that seem to be doing things differently, where education and hard work can still lead to a comfortable life?

Let's hear from our international community - what's your experience with economic mobility (or lack thereof) in your country?"

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[–] [email protected] 17 points 1 day ago* (last edited 1 day ago) (1 children)

Short answer (imo, beyond the scope of anything I cited in other posts):

Not much, not enough to meaningfully change any of the lines, no.

If we'd (as in the entire world) started doing that 20 years ago such that those massive and transformative processes would be complete now, it may have smoothed out those curves a bit.

Now? Starting now? Sorry, too expensive.

Why do you think the billionaires bought up all the farmland starting 5+ years ago?

They saw this coming.

Why do you think we are only building new houses in climate disaster zones now?

Because construction labor, material and land prices are too high anywhere that is remotely climate safe, and you can only make a profit if you make luxury housing.

... What we would need right now is a complete and total overthrow of worldwide capitalism.

Instead, we're all turning fascist as dumb stupid idiots tend to when confused and scared.

[–] [email protected] 8 points 1 day ago

Thanks, I hate it