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In this time of economic doldrums, today is the proper point to pause and consider how our own jobs, our comfortable lives, and our futures are so strongly interwoven. A modern post-industrial society depends on the efforts and contributions of nearly everyone. The paradox is how in recent years, the efforts of so many have gone to benefit an ever smaller number at the top of the economic pyramid at the expense of the rest of us.
In this time of economic doldrums, today is the proper point to pause and consider how our own jobs, our comfortable lives, and our futures are so strongly interwoven. A modern post-industrial society depends on the efforts and contributions of nearly everyone. The paradox is how in recent years, the efforts of so many have gone to benefit an ever smaller number at the top of the economic pyramid at the expense of the rest of us.
Much of what you post is true, if anyone watches the very first video in the Original Post, the narrator states that during the construction of the Empire State Building, after completion, the people who worked on it faced being largely unemployed and would have ended up in a soup line somewhere. This was because during the construction years, it was considered the Great Depression Era. Those who had jobs, were very grateful to have the opportunities to work.
In this time of economic doldrums, I feel America could once again put our own people back to work with infrastructure projects, be they privately or government funded.
Quote:
Originally Posted by s1alker
A lot of those huge skyscrapers end up empty since nobody can afford the rents in them.
Just a quick search revealed that the Willis Tower, formerly the Sears Tower has a occupancy rate of 85%, occupancy rates for skyscrapers fell off immediately after 9/11/01, but is rebounding.
Land and building owners would love to see 100% occupancy, but that's not always achievable, and it doesn't always have to do with the cost of leasing, much of it has to do with locations and other factors.
So much of the nation's infrastructure is in dire need of repair and interest rates are at a low point, making this a good time to get moving on the needed work. Yet far too many in congress cling to the "tax cuts and trickle down" nonsense, keeping the recovery crippled.
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