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that just means a single mother today working the same job would be able to afford fewer things than 20 years ago. where is the comparison with cubicle drones?
by internet_user 7y ago
that just means a single mother today working the same job would be able to afford fewer things than 20 years ago.
where is the comparison with cubicle drones?
- crooked-v 7y agoIf a cubicle drone is making twice as much money in adjusted terms but has to pay three or four times as much for housing, they could well be coming out behind in the equation.
- TremendousJudge 7y agoOne thing that I find amazing about Americans is that most of them don't understand inflation at all. It's uncommon to see any mainstream source talk about inflation-adjusted values when referring to past numbers. This becomes clear when for instance box office numbers become a conversation topic -- nobody really stops to consider how comparing films from 20 years ago with films of today is just really a measure of how money loses its value and therefore movies make more money than before
- travisjungroth 7y agoThe box office thing is a game, and the game isn’t fun when Gone With The Wind will never be defeated.
- selectodude 7y agoThe new Avengers movie is already #5 (inflation adjusted) and it's only been out for a little over three weeks.
- kaesar14 7y agoThree weeks pretty much mean the lions share of the box office take is in already.
- asdff 7y agoIt's still a fun game when you can double to quadruple your investment
- challenger22 7y agoThey could, but most people are coming out ahead now. That is more relevant. Turns out that when some consumption categories outpace inflation, the people that consume the most of those categories pay more!
- eli_gottlieb 7y ago>that just means a single mother today working the same job would be able to afford fewer things than 20 years ago. That's a pretty bad indictment of our economic structures!