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DIDDLY-SQUAT
Yes, the "working-class" is very broad and it includes everybody who "works", which encompasses presidents of corporations. And which is why it has known such recent disussage.
It's better known as the Poor Working Class and that means (any economist will tell you) those that work at or below the Pöverty Threshold ($26K per year for a family of four). That's a bit more than $2K a month, just less than around $70 a day - which will leave one financially diddly-squat per-day if you consider monthly rental-costs.
Which means most are located (for a lifetime) in accommodations that do not belong to them and are run by the state or city.
And, believe me, given that most low-brow manufacturing has already left the US for China and/or Central-America, that does not leave much for those people without professional qualifications in the US!
Aint no way to live a lifetime ... and we Yanks should have seen coming the utter destruction of Manufacturing in the US that now employs less than 12% of the total workforce. All the rest are in the "other category" known as Services-Industries!
So, what's a country to do? Extend the responsibility for Education to the "state-plus-federal-government" for Vocational Training and Post-secondary Schooling (at very low cost*) ....
*One can send their kids into a post-secondary education in the European Union for one tenth of what it costs in the US in a state-run school! And as for private postsecondary schooling about one-tenth the cost in the US today!
The working class is not as universal as you think it is. Working adults are a majority, but not by very much. So what is this social contract between working adults and non-working adults?
Yes, the "working-class" is very broad and it includes everybody who "works", which encompasses presidents of corporations. And which is why it has known such recent disussage.
It's better known as the Poor Working Class and that means (any economist will tell you) those that work at or below the Pöverty Threshold ($26K per year for a family of four). That's a bit more than $2K a month, just less than around $70 a day - which will leave one financially diddly-squat per-day if you consider monthly rental-costs.
Which means most are located (for a lifetime) in accommodations that do not belong to them and are run by the state or city.
And, believe me, given that most low-brow manufacturing has already left the US for China and/or Central-America, that does not leave much for those people without professional qualifications in the US!
Aint no way to live a lifetime ... and we Yanks should have seen coming the utter destruction of Manufacturing in the US that now employs less than 12% of the total workforce. All the rest are in the "other category" known as Services-Industries!
So, what's a country to do? Extend the responsibility for Education to the "state-plus-federal-government" for Vocational Training and Post-secondary Schooling (at very low cost*) ....
*One can send their kids into a post-secondary education in the European Union for one tenth of what it costs in the US in a state-run school! And as for private postsecondary schooling about one-tenth the cost in the US today!