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If you can afford a TV but not a house, education, healthcare, etc. are you not poorer than a period where the inverse was true? Which one makes for a successf

• iopq 5y ago
  Because health care became more expensive. You couldn't have an MRI in 1970 because your hospital didn't have it. The technology of health care is now a lot more advanced and can add years to your health expectancy. Now, there are government programs that help you pay premiums or give you free care. I was on Medicaid several years ago, so the poorest people don't have the issue of not being able to pay. But that's a whole another topic. The point is you can't just compare what you can afford, because you're not comparing the same things. Houses are bigger these days as well.