3 ms·
I hope not. Today’s reasonable ( 100k a year? 150k? ) is tomorrow’s poverty.
by torgian 5y ago
I hope not. Today’s reasonable ( 100k a year? 150k? ) is tomorrow’s poverty.
- adrianN 5y agoSurely you're either joking or implying that 90% of the people live in poverty.
- torgian 5y agoFrom what I’ve seen, I’d say around 50-60% of the world population lives in poverty or close to it. But take the States. In the 1980s, having a 120,000 usd annual salary would be insane. You could buy a nice place in Santa Barbara for that money. Due to inflation, that same salary buys much much less in today’s money. Give it another 20 years, 120k per year will buy even less than that. But now consider that most people in the 80s would make 20-40k per year. That was enough to have a good life on the high end. A decent car, a house in a good area with a mortgage. Can you do that now? No. Not unless you live in the sticks, and good luck finding a job there! So to suggest that engineer salaries should be “more reasonable” is basically saying you want people to be poor in twenty years. Because that’s exactly what will happen. Oh and your future 40k per year job will be even harder to make ends meet, if nigh impossible, because most jobs will not be in cheap areas to live. Hell, even the cheaper areas to live are more expensive now.