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I suspect it is possible, but it really leads to a crash in the "life" spending. Restaurants, vacations, meat consumption, etc go back to the level when the rul
by MattGaiser 3y ago
I suspect it is possible, but it really leads to a crash in the "life" spending. Restaurants, vacations, meat consumption, etc go back to the level when the rules were generated.
- iancmceachern 3y agoBoth my grandparents were able to do the above, own a home, etc. and eat way more meat every day than I have my entire life. All without college educations, and on a single income. The best example I've heard of this recently: Look at the intro to the Simpsons. A blue collar worker, single income household with 2 kids could afford to own their own 2 story home, own two cars, etc. This was considered perfectly average and normal when the series started. It is not average now.
- dragonwriter 3y ago> This was considered perfectly average and normal when the series started. No, it wasn’t average or normal or close to those for the time. The Simpson framing wasn’t around the then-present average, it was around a classic, decades older, media image (which wasn’t average for the time it was originally framed, either.)
- iancmceachern 3y agoFair enough, my point still stands because the decades older from the Simpsons people were my grandparents
- dragonwriter 3y agoNo, your point still fails because the decades-older media image wasn't average for its time of origin, either.
- iancmceachern 3y agoIt was average. "The household median income in the U.S. in 1950 was $2,990 — roughly 40% of the median home value of $7,354 at the time, according to census data. By 2010, household median income was $49,445 — or 22% of the $221,800 median home value. The median income in 2021 hovers around the same percentage of median home costs." https://orchard.com/blog/posts/how-much-the-typical-home-cost-in-your-state-in-1950 https://orchard.com/blog/posts/how-much-the-typical-home-cos...
- dragonwriter 3y agoThe median home in 1950 wasn't a two-story detached suburban McMansion.
- iancmceachern 3y agoNeither is it today. Most homes built in and since the 1950 are still standing and inhabited. I'll gladly buy one of those, where can I buy one?
- MattGaiser 3y agoBut a median home back then was about 1000 sqft. https://www.newser.com/story/225645/average-size-of-us-homes-decade-by-decade.html https://www.newser.com/story/225645/average-size-of-us-homes...
- iancmceachern 3y agoI'll gladly take one of those. Where can I buy one?
- NavinF 3y ago$7,354 in 1950 is $96,080 today. There are $100k homes out there if you don't care about location. Zoning laws and building permits block anything that's significantly cheaper.
- NavinF 3y ago> This was considered perfectly average and normal when the series started No it wasn't. They made a whole episode where a normal guy visits Springfield and points out the absurdity of Homer's 2 story home, two cars, etc: https://en.wikipedia.org/wiki/Homer%27s_Enemy https://en.wikipedia.org/wiki/Homer%27s_Enemy
- iancmceachern 3y agoThat's not what they episode is about. That episode is not about blue collar workers wages, etc. It's pointing out Homer's Slothliness and Frank Grimes' work ethic and how it doesn't get him as far as Homer. It had nothing to do with my economic reference.
- iancmceachern 3y agoIt was for my family. We were a single income earning, home owning, two csr owning on a single blue collar income household when the show csme out. Most everyone in our entire community was too.