My terminology, and I'll apologize up front if it offends ... but I'm referring to the feeling that we're seeing a great pressure on the middle class in the U.S. For those who own successful businesses, and for those with substantial capital investments (substantial being a relative term) ... those folks are likely driving much of the boom in luxury goods. For many others, including those working souls in middle and even upper management sometimes, there is a compensation squeeze.
I'm trying to get a feel for what is happening in the U.S. economy these last few years, and I'm curious about your perspectives. I've known many others in middle and even upper management that may be earning good compensation, but the pressures have become immense ... litigation, 70+ hour workweeks, shorter time in the job, greater turnover rates, etc. For most, the big upside is reserved for a tiny few at the very top ... the others are nearly cannon fodder. For myself, I think I've got 5 years left in me at this pace, and pursuing the corporate brass ring is appearing to be a dubious goal.
Clearly lots of pragmatic souls on this board ... what are your perceptions about where we are, where we're going as a country, and smart moves for prosperity in the future. [And just to get the politics out of the way, I'm a liberatarian, believe strongly in free markets, and don't believe there is a viable political solution here.]
Thanks.
I'm trying to get a feel for what is happening in the U.S. economy these last few years, and I'm curious about your perspectives. I've known many others in middle and even upper management that may be earning good compensation, but the pressures have become immense ... litigation, 70+ hour workweeks, shorter time in the job, greater turnover rates, etc. For most, the big upside is reserved for a tiny few at the very top ... the others are nearly cannon fodder. For myself, I think I've got 5 years left in me at this pace, and pursuing the corporate brass ring is appearing to be a dubious goal.
Clearly lots of pragmatic souls on this board ... what are your perceptions about where we are, where we're going as a country, and smart moves for prosperity in the future. [And just to get the politics out of the way, I'm a liberatarian, believe strongly in free markets, and don't believe there is a viable political solution here.]
Thanks.