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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 9:29 pm to Dandy Lion
Posted on 3/13/17 at 9:29 pm to Dandy Lion
quote:myth
breakdown with great frequency compared to how they used to last. That includes homes.
0
Posted on 3/13/17 at 9:31 pm to HailHailtoMichigan!
quote:
Common household applicances:
Because that's the only thing folks buy?
How about ALL the shite we pay for now that they would have no fricking clue how to budget for back in the day? $12/mo Netflix, $25 Sling TV, $80 internet, $250/mo for 4 cell phones, $3/gal gas, etc., etc., etc.
Plus - household appliances aren't shite compared to houses and cars. In 1959 - a house was $16k or $17k and a car was $2500.
Today - you're paying 15x to 20x that for a house, and 12x to 15x for a car. With not even a 10x in hourly wages, you're losing ground on the 2 most costly items and the ones you normally pay over time, with interest.
Posted on 3/13/17 at 9:33 pm to Ace Midnight
quote:my point
How about ALL the shite we pay for now that they would have no fricking clue how to budget for back in the day? $12/mo Netflix, $25 Sling TV, $80 internet, $250/mo for 4 cell phones, $3/gal gas, etc., etc., etc.
quote:Sigh
1959 - a house was $16k or $17k and a car was $2500.
Posted on 3/13/17 at 9:41 pm to Iosh
quote:
I pay for health care every month. I don't buy a refrigerator every month.
Thanks Obama! for making it so much more!
Posted on 3/13/17 at 9:43 pm to Ace Midnight
quote:
Plus - household appliances aren't shite compared to houses and cars. In 1959 - a house was $16k or $17k and a car was $2500.
Today - you're paying 15x to 20x that for a house, and 12x to 15x for a car. With not even a 10x in hourly wages, you're losing ground on the 2 most costly items and the ones you normally pay over time, with interest.
Posted on 3/13/17 at 9:47 pm to ShortyRob
I feel like we're all talking past each other in this thread now.
Posted on 3/13/17 at 9:50 pm to Iosh
For the record, the CPI very likely overstates inflation, which obviously impacts real wage data over the decades. Other measurements of inflation show that is has been lower, which means real wages have actually increased by a larger margin.
Posted on 3/13/17 at 9:52 pm to Mo Jeaux
quote:I wasn't expecting to get bombarded with downvotes.
I feel like we're all talking past each other in this thread now.
Trump truly has turned the conservative movement into a occupy wall street-esque mob.
Posted on 3/13/17 at 9:54 pm to HailHailtoMichigan!
quote:
Trump truly has turned the conservative movement into a occupy wall street-esque mob.
Because they probably weren't conservative to begin with?
Posted on 3/13/17 at 10:57 pm to crazy4lsu
Yeah all them there professors of Econy and stupid shite that have studied this here shite all their lives are just snowflakes.
If u are capable, read more post less
If u are capable, read more post less
Posted on 3/13/17 at 11:02 pm to HailHailtoMichigan!
quote:
5/74
HHTM, apparently you're one of a very few who feels this way. Then again, your stance is GOP Establishment thru & thru.
Posted on 3/13/17 at 11:04 pm to KCT
frick you, you chain mail grandma. You are the dukke v of the poliboard. Your trailer likely reeks of cigarette smoke and spam.
Posted on 3/13/17 at 11:13 pm to ShortyRob
quote:
Well then why don't you explain it to me.
I've only done this like 10 times.
Unfortunately for you, you're only a legend in your own mind.
Posted on 3/13/17 at 11:15 pm to HailHailtoMichigan!
quote:
frick you, you chain mail grandma. You are the dukke v of the poliboard. Your trailer likely reeks of cigarette smoke and spam.
Posted on 3/13/17 at 11:21 pm to HailHailtoMichigan!
I think you should take a trip to lowe's. That chart is el terrible
Posted on 3/13/17 at 11:22 pm to HailHailtoMichigan!
quote:you were a tried and true trumpkin before the primaries were even over. Give me a break
Trump truly has turned the conservative movement into a occupy wall street-esque mob.
This post was edited on 3/13/17 at 11:22 pm
Posted on 3/13/17 at 11:32 pm to ShortyRob
I would.
Posted on 3/14/17 at 4:34 am to kingbob
quote:
I live in a pretty average 2br house that was built in the 70's.
It's in an ok neighborhood that borders a warzone in Baton Rouge. I could sell it for well over $200k tomorrow. If I split one of the bedrooms and fixed up the place a little, I could probably get close to $300k for it.
I used to live in a 900sf house that was built in the 30's in a trendier neighborhood in the same town. It had window A/C units, but a similar house down the street sold for almost $400,000
The argument about average home size is a load of malarkey
Thanks for making the point, for the other side
How much did those houses cost back in the 50s and then the 70s? How much of the monthly expenses did it take to own that same house in the 50s and then the 70s.
Posters are saying that you have a smallish house by todays standards, and yet how much of your monthly expenses is it eating up? A single family income probably owned those houses back in the day. Slim chance a single earner is buying that house at 400K today.
You just proved that purchasing for a 30s/70s constructed house eats up way more today in expenses, than it did when constructed. Which proves that a middle class family is worse off now, in order to own the EXACT SAME HOUSE, their parents may have built
*PS - As that war zone expands, that house will lose value rapidly, even further deteriorating the middle class family's worth
Posted on 3/14/17 at 4:34 am to ShortyRob
quote:
I've only done this like 10 times.
Nobody understands the point youre trying to make
Posted on 3/14/17 at 5:11 am to Bullethead88
quote:Has nothing to do with my response.
Unfortunately for you, you're only a legend in your own mind.
You can disagree with Mt explanation if my position but to pretend I haven't explained it was stupid
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