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By most metrics? Are you kidding? People are making way less now than fifty or sixty years ago and basic necessities cost way more (adjusted for inflation). The
by mnm1 8y ago
By most metrics? Are you kidding? People are making way less now than fifty or sixty years ago and basic necessities cost way more (adjusted for inflation). They have no hope for a raise or promotion even at high paying white collar jobs like software development. Childcare costs more a month than most bring home before taxes. Many people still cannot afford or do not have access to proper healthcare. And finding an affordable place to live is impossible in some areas, extremely hard almost everywhere that's desirable to live. And of course, poverty is relative so seeing the rich get healthcare while you and your own family get sick and die has a huge effect on people that probably isn't captured by any metric I know of. Being able to afford a big flat screen television is in no way indicative of a better quality of life when that is in lieu of basic necessities like proper nutrition, healthcare, and shelter.
- manfredo 8y ago> By most metrics? Are you kidding? People are making way less now than fifty or sixty years ago and basic necessities cost way more (adjusted for inflation The Economist article to which I linked gave multiple metrics that contradict this claim. > And finding an affordable place to live is impossible in some areas, extremely hard almost everywhere that's desirable to live. True, and I mentioned that there are exceptions to the overall positive tend and specifically noted housing costs. But the solution to this problem is well known: increased the supply of housing. > And of course, poverty is relative so seeing the rich get healthcare while you and your own family get sick and die has a huge effect on people that probably isn't captured by any metric I know of. But that's the thing: the data indicates that the poor aren't becoming worse off. Yet we have the perceptions that it is. I think understanding why this contradictory perceptions exists lies at the heart of a lot of social chsllenges today. Like why people in the US become so strongly against immigration and free trade despite the strong evidence that these things have a positive effect on the country.