To produce the chart, I took average hourly earnings for production and nonsupervisory workers, which excludes the top 10-15% of earners, and I divided that figure by the consumer price index. The single line produced by that equation covers all of your concerns. No go ahead and tell me why I’m still wrong.
@ethicalduality@ConceptualJames Also, I agree, build more houses. I’ve been told there are millions of young Americans who can’t find a job. I’m sure they’d be more than happy to join construction crews across the country. Time for them to put their money where their mouth is!
@TeLeFaWx@andrewFromJapan@gabrielsethFT@dissidentwest I used CPI to talk about overall inflation, because you changed the topic to overall inflation when I destroyed you in the conversation about housing affordability. Remember? Your leftist debating strategy is pathetic.
Considering how the unemployment rate for young adults is well below the historical average, how wage growth has outpaced inflation for the last 30 years, and how the murder rate just hit a 126 year low, I’m going to assume you’re tweeting from a mental institution. Either that, or you were describing how bad things were when I was in my early 20’s during the Great Recession, or when my parents were graduating from college in 1980. The bullshit you just spewed is precisely why many people think Zoomers are a bunch of retarded pussies. Thank you for confirming our suspicions.
@andrewFromJapan@TeLeFaWx@gabrielsethFT@dissidentwest I don’t even know why I’m bothering to share this chart, because there’s no chance you have the capacity to understand it, but here’s the proof that backs up my claim.
@TeLeFaWx@andrewFromJapan@gabrielsethFT@dissidentwest Yep, everything has gotten more expensive over time. Fortunately, working class wages have increased even more than price inflation. Which means, taking everything into consideration, life has literally gotten more affordable. I know, this is very difficult to understand.
@sethjlevy Trump is doing such an excellent job that the worst problems we’re now facing are imaginary $20 burritos and gas prices that are at historically average levels relative to working class wages.
@PropertyMan219@ConceptualJames I mean, what a shocker! Developers aren’t building homes in a state that’s been hemorrhaging population due to disastrous Democrat policies! But sure, go ahead and blame my Republican parents for this problem.
@PropertyMan219@ConceptualJames Houses aren’t being built in Illinois because people are fleeing the state due to decades of actual commie policies. Because of this mass exodus, the home price to median income ratio is lower in Illinois than in Indiana. Now go ahead and tell me how this common sense is wrong.
@MikeWilnau You make some valid points, but if we’re being honest, middle class, single earner families have ALWAYS had to pinch pennies and not spend frivolously. The idea that the middle class living paycheck to paycheck is a recent development is complete nonsense.
@DeLaS1993@RealBrittHughes You’re missing the obvious. Everyone thinks things are bad despite the fact that things have never been better at any previous point in human history.
@lkbot57672361@PropertyMan219@ConceptualJames Oh my God, thank you for joining the conversation and reminding me that liberals are infinitely more retarded than conservatives. You do understand that food stamps apply upward pressure on food prices, right? RIGHT??
@PropertyMan219@JohnnyBeeDawg@ConceptualJames You do understand that not all Boomers are NIMBY douchebags, right? Or do you just always paint with a broad brush and make absurd assumptions?