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I'm sick of people saying the middle class is worse off than 4 decades ago.
Posted on 3/13/17 at 4:19 pm
Posted on 3/13/17 at 4:19 pm
It's simply an asinine assertion. Sure, some big things such as education and health care are more expensive, but 99% of the goods we consume on a daily basis are by an order of magnitude cheaper.
Common household applicances:
Standard of living is about how much STUFF we can buy and by that measure, it's not even close: the middle class has more access than any point in history
Common household applicances:
Standard of living is about how much STUFF we can buy and by that measure, it's not even close: the middle class has more access than any point in history
40
Posted on 3/13/17 at 4:20 pm to HailHailtoMichigan!
One of the best ways for the middle class to "get better" rather quickly is to stop getting divorced.
Posted on 3/13/17 at 4:22 pm to HailHailtoMichigan!
quote:I pay for health care every month. I don't buy a refrigerator every month.
Sure, some big things such as education and health care are more expensive, but 99% of the goods we consume on a daily basis are by an order of magnitude cheaper.
Posted on 3/13/17 at 4:23 pm to the808bass
quote:
One of the best ways for the middle class to "get better" rather quickly is to stop getting divorced.
You mean 2 sources of income is better than one?
Posted on 3/13/17 at 4:23 pm to Iosh
And more debt than ever right now.
Posted on 3/13/17 at 4:23 pm to HailHailtoMichigan!
all those items lasted longer back in the day
plus there is a lot more things that the middle class buys that wasn't around back then
plus there is a lot more things that the middle class buys that wasn't around back then
This post was edited on 3/13/17 at 4:25 pm
Posted on 3/13/17 at 4:23 pm to HailHailtoMichigan!
quote:
It's simply an asinine assertion
Yep. Completely
Posted on 3/13/17 at 4:24 pm to Iosh
Yeah, and the "access price" to middle-classdom is asinine if you go through the door of a university to get there.
Flurp durp I can buy a fridge so much easier!! But I can't buy a fricking house because I already have a mortgage payment in a student loan
Flurp durp I can buy a fridge so much easier!! But I can't buy a fricking house because I already have a mortgage payment in a student loan
Posted on 3/13/17 at 4:25 pm to Bourre
quote:
You mean 2 sources of income is better than one?
It's not just that. Divorce is a wealth-destroyer. The biggest one we have.
Posted on 3/13/17 at 4:25 pm to HailHailtoMichigan!
The standard of living is higher today and I think some people get stuck in yesteryear salary as a comparison. Products are also much better and offer more fesutes just look at cars. A typical Ford Focus or Honda Civic has features 20 years ago found only on luxury cars if even available back then.
Posted on 3/13/17 at 4:27 pm to HailHailtoMichigan!
Did you pay more for daycare than what your house costs?
How much was a college degree?
And you think health insurance is the same?
Yeah that's not accurate.
How much was a college degree?
And you think health insurance is the same?
quote:
Standard of living is about how much STUFF we can buy and by that measure, it's not even close: the middle class has more access than any point in history
Yeah that's not accurate.
Posted on 3/13/17 at 4:29 pm to NYNolaguy1
quote:it's actually wildly accurate
Standard of living is about how much STUFF we can buy and by that measure, it's not even close: the middle class has more access than any point in history
Yeah that's not accurate
Posted on 3/13/17 at 4:30 pm to HailHailtoMichigan!
I can tell you right now, your chart sucks
Just bought a new washer, and dishwasher
Got my dryer fixed rather pay the replacement costs, and there was nothing on the market remotely close to your 2013 prices
Just bought a new washer, and dishwasher
Got my dryer fixed rather pay the replacement costs, and there was nothing on the market remotely close to your 2013 prices
Posted on 3/13/17 at 4:31 pm to ShortyRob
quote:
the middle class has more access than any point in history
Making products cheaper doesn't mean anything if your discretionary income decreases faster than the goods youre buying.
Posted on 3/13/17 at 4:32 pm to NYNolaguy1
quote:There's the cost of a college education right there!
Did you pay more for daycare than what your house costs?
quote:$5k for 4 years.
How much was a college degree?
quote:In 1975 for me it was about $28 a month.
And you think health insurance is the same?
Posted on 3/13/17 at 4:34 pm to NYNolaguy1
quote:with the exception that it hasn't.
Making products cheaper doesn't mean anything if your discretionary income decreases faster than the goods youre buying.
If I forced the average person in the middle class today to live like an upper middle class person from 1970 they would shite their Collective pants
Posted on 3/13/17 at 4:34 pm to HailHailtoMichigan!
quote:UV'd
HailHailtoMichigan!
Posted on 3/13/17 at 4:34 pm to ShortyRob
quote:
it's actually wildly accurate
I've thought about this. I paid like $20/mo for a home phone and $13/mo for basic cable when I got married. My monthly cellphone bill is $300ish, my cable/internet bill is $200ish and I have Netflix and Amazon Prime and Xbox Live
This post was edited on 3/13/17 at 4:36 pm
Posted on 3/13/17 at 4:35 pm to the808bass
quote:are you trying to support my position or refute it?
I've thought about this. I paid like $20/mo for a home phone and $13/mo for basic cable when I got married. My monthly cellphone bill is $300ish, my cable/internet bill is $200ish and I have Netflix and Amazon Prime.
Posted on 3/13/17 at 4:36 pm to Iosh
Do because healthcare costs more, we can make blanket statements that the middle class is worse off?
Food is cheaper, energy is cheaper, most things in your house are cheaper, etc.
Food is cheaper, energy is cheaper, most things in your house are cheaper, etc.
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