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People want the standard of living everyone had in the US decades ago, it costs much more now. There are more people, more competition, and things are much mor
by almost_usual 5y ago
People want the standard of living everyone had in the US decades ago, it costs much more now.
There are more people, more competition, and things are much more expensive. He’s bringing a realistic solution given today’s capacity problems and a bias towards not wanting to share rooms.
He’s 97 with nothing to lose and it sounds like he doesn’t care about his legacy.
Honestly I think the solution is realistic and people don’t like it because they don’t want to acknowledge their quality of life is in decline when it comes to housing for themselves and their children.
- whimsicalism 5y agoAnd we don't build things anymore.
- deleted 5y ago[deleted]
- rsj_hn 5y ago> People want the standard of living everyone had in the US decades ago, it costs much more now. I think you are right. But all the CPI data and real income data says people are much richer than 40 years ago. And as someone who has spent a lot of time digging through the methodology of these time series, I don't see any bias or obvious error that should make me suspect the government data. Then the next step is to say "yes, a car of today is much better than a car sold in 1980, so in real terms, maybe cars are cheaper but you can't buy those cheap cars now." But if you really think about it, that's not true, either. You can still buy cheap cars, for example used cars, that will last longer as they are better built. You can still buy cheap housing, just in a different location. Remember there were no mobile phones in the 1980s, no internet, no personal computers, etc. But if you want to live like someone in the 1980s, you can do that and have more money left over than someone would have in the 1980s. So you point me to one thing and I will show you how, with today's income, you can get it at same or better quality and have more money left over than if it was 1980. Except healthcare, you can't get the cheaper version of healthcare from the 1980s (since that would be illegal). But other than that, you really can, and you can't pin the entire difference on healthcare. The best I can think of is a vague notion that people have lost the skills to be able to live like they did 40 years ago, possibly because being able to live like that requires some community support, and we don't have that support anymore. As one data point, take the Amish, who live like they did 200 years ago. And they are not poorer. But they make sacrifices to live like that as an entire community. If an individual tried to do it on their own, they would fail. For one thing, no one would marry them once they found out about the lack of electricity and 18th Century amenities. But I'm not too happy with this characterization, either. It's something that still puzzles me.