Feb 21, 2013

America's Broken Dreams - Four Corners

America's Broken Dreams - Four Corners:

"It may be the wealthiest country in the world but as documentary maker Philippe Levasseur shows in America's Broken Dreams, when you lose your job in the US there is very little to protect you. In 2008 the global financial crisis hit the poor first, but now America's middle class is being devastated."

"Three unique stories, but all have one thing in common: they are America's new poor, who struggle for work but can barely survive."

This is another reason cited for an unconditional basic income or a citizen-ownership income. The economy is no longer able to provide enough reasonable jobs. The underlying causes may not be clear. It could be outsourcing of good jobs to other countries, it could be global competition from huge 3rd world labor supplies, or it could be that technologies are making many good jobs redundant. Whatever the cause, people are noticing that their economies no longer provide them jobs with reasonable pay. The middle income become the new poor. The rich consider themselves middle income. 

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