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I saw this circulating around and thought it was an interesting read.
Some of these are horrendous, some are funny, and a few made me think "Hmm, maybe not a bad idea"
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this post was submitted on 12 Oct 2024
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Except that I'm not focusing on "inflation." I'm concerned with the ever widening gap between the rich and the poor. And by the "poor" I mean the 99%.
Look at the 1960 figures. That meant that a high school graduate with no particular skills could live a pretty good life and support a family working 40 hours a week. Today it's common to require two incomes to keep a family going.
You:
Also you:
Cool, but it's helpful to state your premises up front. That situation was viable well into the 70s, after which Reagan-era policies completely decoupled real income from productivity, and started to fall apart. By the mid 90s it was all but gone.