3 ms·
Unfortunately the cost of housing and the cost of education has increased so much since then it has really put a damper on the rest of those innovations! But t
by roland35 3y ago
Unfortunately the cost of housing and the cost of education has increased so much since then it has really put a damper on the rest of those innovations!
But things absolutely just work so much better now! The only thing I miss is portable gaming, but now the we have the steam deck and switch!
- Terr_ 3y agoI like to think of it as the difference between the cost of objects versus labor. We've managed to make lots of things cheaper (largely by reducing the labor in their creation) but there's plenty of other stuff to soak up a budget in terms of rent, daycare, etc. (And healthcare too, but that's... well, full of uniquely broken stuff.) Charts like this encapsulate it well: https://www.aei.org/carpe-diem/chart-of-the-day-or-century-8/ https://www.aei.org/carpe-diem/chart-of-the-day-or-century-8...