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Yet curiously the middle and lower class enjoy a higher standard of living today than 30 years ago. It's almost as if GDP/income aren't an absolute measurement
by forrestthewoods 11y ago
Yet curiously the middle and lower class enjoy a higher standard of living today than 30 years ago. It's almost as if GDP/income aren't an absolute measurement of, well, anything.
- epicureanideal 11y agoI suspect your down-voters are thinking "are you sure about that?" Maybe they have smart phones and other gadgets which are highly advanced, but they might be living in a smaller place and less able to afford other things. I'm not even stating this myself, although it might be true... I just haven't researched it. But it's a thought that occurred to me.
- mikerichards 11y agoIn other words, the down-voters are grasping for straws because what the parent said is probably true, but it just doesn't sound right?
- zaroth 11y agoWage income may not have increased much for lower/middle class over the last 30 years, but certainly gross income counting welfare benefits has increased significantly, so perhaps that could have something to do with it.