|
Edited on Mon May-14-07 09:34 AM by pitohui
there was a terrific oil boom in the late 70s/very early 80s in the new orleans area, it utterly collapsed thanks to the terrible economy brought to us by herr reagan, and we have never recovered, there are a fraction of the oil and gas industry workers here that we had in the late 1970s
oil and gas collapsed from the number one industry in new orleans and tourism -- much lower paid -- became the number one industry
any time he saw a good job for a worker reagan killed it
no myth there, he hated the worker and did all he could to steal from the worker to enrich the few
housing prices in new orleans never recovered from the collapse of the oil industry until almost up to the time of katrina, as far as i'm aware, housing prices never fully recovered in houston -- we never benefited from all the crap about home equity and rising home prices -- a person who bought a house in california in 1979 and just lived there and did nothing out can cash out hundreds of thousands of dollars today, fat chance that happening here, you can cash out tens of thousands of dollars (in other words you're behind on your house after inflation and maintenance, a more expensive house may have property tax too esp. in texas)
also in new orleans at least we had a second bush induced housing crash in the early 90s which again kept the price of homes low, at one point there were 50,000 homes in the area in foreclosure, a great many of them boarded up -- many of those neighborhoods even in surburbia went to drug gangs and never recovered
also keep in mind when these young men were earning these high wages on the oil rigs, they would be 10 days on/10 days off, so they needed the high pay to make up for all the off days -- it was good pay but it was NOT unfair or exorbitant pay
construction jobs were VERY well paid in the days after katrina, however, the free flow of illegal immigrants promoted by the GOP again has ensured that the workers in this area are only earning about $15 an hour now, where at first they had a chance to earn a lot more and rebuild their lives, now this work is being done by gangs of illegals willing to live in tents/trailers and deflate the market so that the original workers living here can't afford to pay inflated rents (caused by lack of housing) AND hold a job -- a person w. a family can't live in a damn trailer with 6 other young men who want to party all night after working all day
headline of the sunday newspaper here yesterday was "ain't it awful" that restaurant workers are now earning $10 to $12 an hour, christ, these people are shameless, that's the very least you need to be able to pay rent and you'd still have to have another adult earning in the house to pay the rest of the bills!
any so-called high paid is in the minds of hateful GOPers who want to pay illegals nothing and who would be happy to see the rest of us in prison or mowed down by the SS, they just think it isn't polite to say so, but that's what they really think -- they want slaves working for nothing with no hope ever -- sorry if i sound angry but i am angry -- any little chance of getting ahead these type of people say it's "too much money" for the working man, why should a person who WORKS ever have anything is their attitude
|