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How so? As it is the only people who's standard of living has been rising in the past 30 years has been those at the top while the middle class etc. continue t
by lgleason 8y ago
How so? As it is the only people who's standard of living has been rising in the past 30 years has been those at the top while the middle class etc. continue to lose ground.
- toasterlovin 8y agoAs a counterpoint, poor people are the ones who benefit from everyday low prices at Walmart.
- erikpukinskis 8y agoPeople will have to wait 2 years instead of 18 months to afford a new iPhone.
- piyh 8y agoRising cost of goods.
- Baeocystin 8y agoThat is true in the US, but worldwide, the drop in poverty has been immense over the past few decades. In 1966, half of the world lived in extreme poverty. As of 2017, that number is now 9%. 9%! https://www.theguardian.com/world/commentisfree/2018/apr/11/good-news-at-last-the-world-isnt-as-horrific-as-you-think https://www.theguardian.com/world/commentisfree/2018/apr/11/... This does not remove the real problems we have in the states regarding wealth distribution. But globally, things are pretty amazing compared to how they've been, even within a single lifetime.
- jayd16 8y agoWe could go from stagnant to losing ground.