Sometime shortly after that unfortunate development that media strategy spread to adult media content. There is not single story written in the Mainstream Media that does not contain an agenda - even if that agenda only covers a by-line.
Read this article from Yahoo News about how Americans are being forced to put off "retirement" (defined as the day they quit working and sit around yelling at the TV).
The writer's explanation:
The labor force has been getting older for decades for reasons that range from longer life spans and better health to companies' replacement of defined-benefit pensions with higher-risk 401(k) plans.Also seems reasonable.
Of course its only partially correct. Yes, we are living longer and, yes, Corporations are no longer interested in being your lifetime provider. Nowhere does the article mention we have all become more and more financially insecure despite/because of decades and decades of tax creep from FICA taxes (Social Security/Mediacare payroll "taxes"). Nowhere does the article mention that our total career span is about the same - 35 years - and that we are starting later and finishing later - ostensibly to become "educated" (as if that only occurs under the watchful eye of someone else and only in your twenties). If one does not get serous about a career until 30, you know after a 5 year undergrad program, back pack Europe, and MBA, you will, by economic and mathematical necessity be required to work until at least 65. After all, you did not finish having children until your 40's, and you have a 30 year mortgage. Nowhere does the article mention that many of today's over 50 workers have sacrificed marriages and having children because corporations required that they be "educated" in order to work at jobs that required little training, weren't all that fulfilling, and resulted in the outcome that the article's featured hedge fund analyst has experienced at the end of his prime working years - not much money, no family, no home, no job.
And for this he slaved away in Wall Street salt mine?
The brutal reality is this: Funding Social Security and Medicare through FICA taxes and state income taxes (in the case of California) and/or property taxes (in the case of the Northeast Big Blue states) are the primary reasons that many people my age have no family (they could not afford children) and have no money. Yet Lefties like Senator Elizabeth Warren are worshipped for their deeply flawed research/writings/assertions on the subject. Go figure.
(Note that birth rates in the U.S have plummeted. This trend is nothing new. When I am bored I will graph the increase in FICA taxes per person and the fertility rate of Americans. I bet they correlate inversely 100%, not that that implies causation - except when it does.)
Not that FICA taxes and state income and property taxes (property taxes have enabled municipal workers to enjoy tremendous financial security at the expense of everybody else) are solely responsible. No, they are responsible for the preponderance of The People's financial insecurity. To be fair, there are some other (materialism/consumerism) contributing factors - but these other factors pale next to these. Well, sort of. The monthly bill from cell phones, internet access, and cable is really far more damaging than widely perceived.
Now the government has these people by the gishgas. This is how democracy/corporatocrocy works in 21st century America.
Gasoline prices are at a record for this time of year. But imports are down buy 1/3. This is not the drag on the U.S. economy that it was just 5 years ago. Europe is a different story.
I spent the last 2 weeks reading Ray Kurzweil's "The Singularity is Near". Stuart Staniford and Stephen B. recommended it to me. Fascinating. Peak Oil might well be just a "stressor", especially if Kurzweil's calculation on the development of Solar energy collection technology is correct, but The Singularity (or some sort of Singularity Light) might be something far, far more impacting.
I highly recommend the book.