Originally Posted by Mutt

because a great % of families from post-war America, what most look at as the glory days, attained the American dream with factory jobs or jobs spun off from factories.

service industry jobs are low paying jobs for the most part.

here's another example - i have a friend with a small computer business, he needed to hire a minimum wage employee to man the shop and do minor computer repairs and services for customers. he got applications from adult males in their 30's and 40's who were way overqualified with impressive programming backgrounds. one younger applicant had lost his job with Geek Squad as did many others he worked with at Geek Squad. Why? There's a little gadget Geek Squad has that plugs into a PC, it allows low paid Indian techs to repair home computers.

Technology is going to allow this to keep on growing. You have a population of 330 million people, once you get past the professional careers (doctor, lawyer, dentist, accountant etc) what's everybody else supposed to do, cut each other's hair, make each other sandwiches?