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Lot of the country seems to have shriveled up and died. take a trip on route to go in maine sometime, count the paper mills and abound in house as you see. down on route 23 and michigan or ohio, consider the empty factories ringed with barbed wire. outside the coastal cities, it seems like this are everywhere. this is your country now. shuttered car dealerships next to defunct restaurants across the street from thrift stores and methadone clinics. that is america. community after community, desiccated, empty husks with nothing left. huge swaths of the united states look like that now. so what happened? a lot of things happen. some of things are complicated and hard to change. the utter transformation of the way our leaders think about the american economy. during the last golden age hundred and 25 years ago, america s cities were ostentatiously rich. but it was still a recognizably ....
Shriveled up and died. take a trip on route to go in maine sometime, count the paper mills and abound in house as you see. down on route 23 and michigan or ohio, consider the empty factories ringed with barbed wire. outside the coastal cities, it seems like this are everywhere. this is your country now. shuttered car dealerships next to defunct restaurants across the street from thrift stores and methadone clinics. that is america. community after community, desiccated, empty husks with nothing left. huge swaths of the united states look like that now. so what happened? a lot of things happen. some of things are complicated and hard to change. the utter transformation of the way our leaders think about the american economy. during the last golden age hundred and 25 years ago, america s cities were ostentatiously rich. but it was still a recognizably ....
It was a recognizably american class. tycoon the cumulated fortunes but also felt some obligation to the country around them. steel tycoon andrew carnegie build still libraries for the edification of people beneath him. john d rockefeller and others set aside huge portions of their wealth and cases property to make the country better. maybe most significantly in january 1914 henry ford more than doubled the prevailing factory waste to remarkable $5 for an 8 hour day. he didn t have to do that but his company was succeeding and he thought he should. some historians trace the creation of the american middle class to that decision. it is nearly impossible to imagine a big company doing anything like that today. attitudes are too different. private equity isn t built in a ....