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> Improving standard of living by what metrics? Because home ownership, savings, social mobility, and medical outcomes are all in the toilet. https://fred.stlo
by timmg 3y ago
> Improving standard of living by what metrics? Because home ownership, savings, social mobility, and medical outcomes are all in the toilet.
https://fred.stlouisfed.org/series/A939RX0Q048SBEA https://fred.stlouisfed.org/series/A939RX0Q048SBEA
I suspect that we won't be able to agree on anything, but that chart says something very important -- however you might want to interpret it.
- forgetfreeman 3y agoIt certainly does. That graph charted along side wages over time vividly demonstrates the reasons why home ownership, savings, and social mobility are in the toilet. Medical outcomes too maybe, but there's too much hoop jumping involved for me to want to plant a flag on that hill.
- timmg 3y agoFeel free to produce something other than empty rhetoric. At least I gave some data.
- forgetfreeman 3y agoK. https://www.epi.org/publication/charting-wage-stagnation/ https://www.epi.org/publication/charting-wage-stagnation/ You'll note that all that GDP growth seems to be going somewhere other than to folks who work for a living. And for desert: https://www.usnews.com/news/best-countries/articles/2020-09-11/a-global-anomaly-the-us-declines-in-annual-quality-of-life-report https://www.usnews.com/news/best-countries/articles/2020-09-...