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unions - which created the middle class in the 20th century - were broken and propagandized against over the last 40 years and the rest of the real wage jobs were shipped overseas.
consumer spending was continued by giving out credit to anyone with a pulse.
of course that was going to end at some point so a large police state has been built up over the last decade to contain the societal chaos and misery.
and in the end the tax payers were on the hook for paying for the con and their own repression.
welcome to 21st century america.
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