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re: I'm sick of people saying the middle class is worse off than 4 decades ago.
Posted on 3/13/17 at 6:06 pm to NYNolaguy1
Posted on 3/13/17 at 6:06 pm to NYNolaguy1
quote:
Based on the monthly expenses I gave you, what lifestyle choices do you make that can make you live like a king
Well. I almost certainly don't have 1500 in student loans that apparently didn't warrant the expenditure.
Then. Again, remember we are comparing to 1970.
My health insurance will only cover care avaliable in 1970. If this product were available, it would be dirt cheap.
My car wouldn't actually exist, but if someone was building 1970 cars, it would cost about 6k max.
I wouldn't have a cell phone. Nor would my family. Cable? Nope.
As to professions. Meh. It's the combination of profession and location. The reality from what you describe for yourself is that two teachers where I live are living better than you.
But the point is, in 1970, you couldn't have the health care you have access to now at any price. Same goes for almost every aspect of daily life.
And that applies to everyone. Your day care costs what it does because your day care workers love better than their 1970s counterparts too
Posted on 3/13/17 at 6:14 pm to ShortyRob
quote:
But the point is, in 1970, you couldn't have the health care you have access to now at any price. Same goes for almost every aspect of daily life.
So you agree that we are paying more because of what we are getting?
Also...
quote:
Your day care costs what it does because your day care workers love better than their 1970s counterparts too
So you agree daycare was cheaper (presumably because of less regulation)?
quote:
I wouldn't have a cell phone. Nor would my family. Cable? Nope
So that's like $80/month in my case.
Your basic argument is that it cost more to live then than now. I haven't heard much to that extent so far. Also you'll notice I excluded vehicles from my expenditures. If you think I am missing something I'd like to hear it.
quote:
to professions. Meh. It's the combination of profession and location.
But this shouldn't matter if all we changed was time, right? You claimed this was true regardless of geography.
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