111–120 of 314 posts
Earlier quoted context omitted.
I know gen Z as working harder, especially in school. The bar gets higher every year.
kids left highschool knowing more math in the 70's than college graduates do now
If you want actual data, compare SAT scores or something. I'm willing to bet that by any metric, school was lax back then.
Earlier quoted context omitted.
I'd be first in line for a new car that only has the features of cars from the 1990s.
Plenty of low-mileage 90s cars are on the market. If you’re being sincere, just filter by low mileage and single owner and you’ll find your dream car.
I remember 90's cars safety and gas mileage, and I emphatically don't want that.
My parents are boomers and frequently talk about the 2020s being 70s dejavu. My father entered his 20s in in 1968, and the tail end of his 20s in a deep recession and purchased a modest home in 1976 at a blistering 14% on 30 year fixed. His experience in the Midwest did not match with the assertions in the article.
It seems the annual income vs. CPI is the core chart here. Something happened in the decade of 2000-2010 to throw things out of whack. I'm not informed enough to know if that was the result of policy decisions or what, but I'd like to know how wage growth declined so dramatically during this time while prices seemed to maintain its projected linear growth.
Earlier quoted context omitted.
Plenty of low-mileage 90s cars are on the market. If you’re being sincere, just filter by low mileage and single owner and you’ll find your dream car.
This isn't true in any part of the country that has a winter.
Earlier quoted context omitted.
I always see the healthcare cost to consumer compared to other countries, but that isn't the true cost to society if the govt is subsidizing the rest. AFAIK the US healthcare is still truly more costly. Monopolies or something, idk.
The US federal government also spends more per capita on healthcare than almost every other nation.
It seems the annual income vs. CPI is the core chart here. Something happened in the decade of 2000-2010 to throw things out of whack. I'm not informed enough to know if that was the result of policy decisions or what, but I'd like to know how wage growth declined so dramatically during this time while prices seemed to maintain its projected linear growth.
If I'm being charitable, they made a mistake in their analysis, if I'm uncharitable they didn't care about the methodology and went in looking for a way to write a provocative conclusion like "86% less purchasing power". Obviously a lot of energy was spent here drawing up the pretty infographics, probably should have spent more energy getting the basic statistics correct first?
One of the items this article doesn't cover is healthcare spending, which has increased between 2 and 8 times since 1980 (depending on whether you're looking at individual spending or share of GDP). Here's a decent collection of charts: https://www.healthsystemtracker.org/chart-collection/u-s-spe... It has been shocking to me to see how cheap and effective healthcare can be in other countries, from an emergency visit…
It seems the annual income vs. CPI is the core chart here. Something happened in the decade of 2000-2010 to throw things out of whack. I'm not informed enough to know if that was the result of policy decisions or what, but I'd like to know how wage growth declined so dramatically during this time while prices seemed to maintain its projected linear growth.
there was a significant recession around 2007
This doesnt pass the sniff test.