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Although people today are far more wealthy as a result of astonishing increases in productivity that have led to much lower prices for goods. Consider how much
by a3camero 15y ago
Although people today are far more wealthy as a result of astonishing increases in productivity that have led to much lower prices for goods. Consider how much you can buy at a dollar store for one hour's labour today.
Then there are the much harder to calculate ways in which you are better off such as new medicines and technologies (e.g. the internet [Hacker News]).
- billswift 15y agoMost people are better off, especially in what they can buy -- but in the context of NOT HAVING A JOB, and therefore not being able to afford anything, that doesn't matter.
- a3camero 15y agoThat's true, and although I don't know much about the US welfare system, I assume you're better off on welfare than many people were not on welfare 80 years ago (economically).
- yummyfajitas 15y agoI'm willing to bet that the fraction of people with flush toilets is higher among people on welfare today than it was in the general population during the 20's or 30's.