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a) your data is only till 2011 and misses some extreme inflation in the past 10 years. b) we're talking youth - who are nowadays also less likely to be manning
by r00fus 2y ago
a) your data is only till 2011 and misses some extreme inflation in the past 10 years.
b) we're talking youth - who are nowadays also less likely to be manning the fast food counters - I remember working at 14 years old and now in many states that's not permitted until 16. So even less disposable income.
- onlyrealcuzzo 2y agoUnemployment is lower today than it was 20 years ago: https://www.statista.com/statistics/217882/us-unemployment-rate-by-age/ https://www.statista.com/statistics/217882/us-unemployment-r... (though it hasn't materially changed one way or the other). If teens and young adults NEEDED to work but couldn't find jobs, the unemployment rate for that age group would show it.
- DrPimienta 2y agoWe all know those numbers are intentionally skewed to make things look way better than they actually are.