General Discussion
In reply to the discussion: A segment of DU is very invested in painting a dystopian picture of the US [View all]lark
(25,891 posts)They are employed and can't leave their present job because they can't find one that will pay them the same or more. At least that's the case in No. FL. and expect it's much the same elsewhere. My husband is 54 and has been looking for a different job in his same fields for 3 years. He's sent out hundreds of resumes, even had a few calls, and 2 interviews, but no offers since he won't take less than he's making now.
Another friend is 50 and got laid off after working at the same place for 25 years. It took her 18 months to find a job and her pay is about 1/2 of what she was making before. She went from Office Manager to H/R clerk and had to ask her ex-husband move back in because she couldn't afford the house payments on her meager salary.
Wages have decreased from what they were the 1970's when adjusted for inflation. Some of the years you listed were in the middle of the worst Depression since the 1920's, so of course after that wages would go back up some - just not up to were they were previously.
For a lot of people, life is not a bowl of cherries as you seem to think. 680,000 American jobs have been offshored since NAFTA.