Our Economy Is In Danger, Here's Why: Robert Reich 💸

[appalachiablue]

"We are on the way to becoming a two - tiered society." 1994, Robert Reich, Secretary of Labor

[Skittles]

1. we are already well into that "two-tiered society"

yes indeed

[appalachiablue]

3. For real, it's moving along unfortunately.

Last edited Tue Jan 6, 2026, 11:23 PM - Edit history (1)

** THE VANISHING MIDDLE CLASS **

@Offended Outcast

https://youtube.com/shorts/_5CMNyqo2Hw

[bucolic_frolic]

2. To add to that laundry list of problems.

AI has exacerbated a hiring squeeze. Applicants are using AI to tweak their resumes, and are able to do so faster. I'm seeing recruiter videos and hearing anecdotal evidence of companies receiving not 200, but 2000 resumes per opening. Hiring managers also have jobs to do and can't process that amount of applications. 80% or more go in the trash without being considered. Managers make poor hiring decisions, or put them off until they refine their criteria. So openings go unfilled.

[appalachiablue]

4. Awful! one major problem and mess compounded by another. Crisis..