You realize we can just compare the median salary to what the shelter, food, transportation, education, childcare and healthcare cost right? TV's are cheap, but living is not. It's not complicated to see that for the things that matter, the essentials have all outpaced wages dramatically. Most people would need a 50% raise to have similar purchasing power to what we did in the 80's.
Then you know it's the same song, just a different dance. Each generation has their issues. I remember in the late1970s having to borrow a suit from my mom's friend's husband just to have something nice to wear to an awards banquet because they had no money to spend on nice clothes for the kids.
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u/Iaintgettinyounger 14h ago
You realize we can just compare the median salary to what the shelter, food, transportation, education, childcare and healthcare cost right? TV's are cheap, but living is not. It's not complicated to see that for the things that matter, the essentials have all outpaced wages dramatically. Most people would need a 50% raise to have similar purchasing power to what we did in the 80's.