LogFAQs > #913280468

Automation is a long way from meaningfully taking away jobs. People borrowing like crazy and living beyond their means has nothing to do with capitalism and everything to do with how we don't teach basic personal finance to children in school. Wages are "stagnant" because of inflation and also because the labor market is saturated.

Pretty much anyone can have a very comfortable life if they make a median wage in most states, especially if their significant other makes a median wage and they can use both incomes to live off of.

To fix these things you need more education of basic personal finance and personal responsibility. More investment into rebuilding infrastructure (since these jobs tend to pay well). More investment into renewables (since these tend to employ a lot of people). More investment into research. Smarter regulations/tariffs.

Ultimately things are far better than the mainstream media suggests with its virtually non-stop negativity and exaggeration. Unless you royally fucked up by having kids out of wedlock and not graduating high school, pretty much anyone in America can have a comfortable and nice life.
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