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Inequality Has Surged Since 1989, and Life Has Become Much Easier
- RickJWagner 7y agoMuch truth here. The poor may be poorer, but they have access to smart phones, climate controlled environments, better health care, etc. The gap is wide (in wealth terms), but in living-life terms it is a better era than ever for everyone, rich and poor alike.
- smt88 7y agoIn the US, poor whites' lifespans and healthspans are decreasing, likely due to the opioid crisis. Even the best health care also can't currently cure many of the illnesses that harm quality of life the most, like depression or Alzheimer's, both of which are increasingly common. Finally, what about hope? Life is miserable if you don't have hope for the future, and many people are feeling hopeless about climate change and other impending disasters.
- charlesism 7y agoThe source seems to be related to a “Center for Economic Freedom” which I gather promotes some variant of Reaganomics
- bediger4000 7y agoThis is an extremely silly article for a media outlet that claims to be about economics. Sure, home computers have come down in price, and sure, we didn't have smartphones in 1989. But we all lived in houses in 1989, we all bought groceries in 1989 and cars, and a lot of us had jobs in 1989. Are those parts of life just not important enough for any consideration? All we need is a smartphone in these modern times, and smartphones and apps are all the economy depends on? Ridiculous. This article has crossed the line between "editorial" and "ignorant".