5 ms·

Lower cost of living and higher incomes when compared to purchasing power of a dollar.

joe_mamba 6mo ago
That and also people weren't paying for Netflix, Disney+, PlayStation online, ChatGPT+, etc Edit: Also people were having more kids back then and earlier in life, so they had less time for hobbies and "finding one's self", they'd be busy with their kids and work. The bored DINKS with free time looking for hobbies is a relatively recent phenomenon in western societies (10-15 years).
- simianparrot 6mo ago
  Nobody needs to pay for any of that
  - joe_mamba 6mo ago
    Says who? Please define your definition of the word "needs" here in this context. With this logic, nobody also "needs" to buy a Ford F-250 Super Duty, a MacBook Pro M5, an RTX 5090, a recreational boat, drink Starbucks daily, etc if your definition of "needs" is just limited to day survival meaning just providing food and shelter but nothing more, and yet people buy them anyway, because it's entertainment, not because they need them to survive. People will still want escapism and entertainment ESPECIALLY when their lives suck, like in times of economic depression, be it cigarettes, booze, junk food, porn, games, gambling, movies and TV shows, etc, even if you think people don't "need" them. This is how people function. It's scientifically documented.
    - dgellow 6mo ago
      What a stretch to go from cars and luxury laptop to daily survival
      - joe_mamba 6mo ago
        Are you able to read and parse entire sentences and paragraphs in order to grasp the point of a comment, or do you form your opinion from a couple of random words you pick from a paragraph.
        dgellow 5mo ago
        Please do not rely on personal attacks on HN
- ninth_ant 6mo ago
  > That and also people weren't paying for Netflix, Disney+, PlayStation online, ChatGPT+, etc Its disingenuous to describe those new expenses without considering those that largely have been replaced. It used to be normal to pay for cable TV which was outrageously expensive. They used to go to movie theatres on a regular basis, and collect physical media for movies and music and games and tv. Etc.
  - ghaff 6mo ago
    And pay $1 a minute for long distance and even not so long distance calls. Not sure how everything balances out inflation and function adjusted but not convinced entertainment is broadly more expensive these days.
- nickthegreek 6mo ago
  People were paying $150/mo cable bill.
  - AlexandrB 6mo ago
    Don't forget that's $150/month in 90s dollars! It's like having a $300/month subscription to streaming services today.
- fragmede 6mo ago
  Skipping Netflix and Disney+ and avacado toast isn't going to make it affordable to have kids and pay for their college tuition.
armchairhacker 6mo ago
Do you have sources? Because my understanding is that medium income/inflation increased
- griffiths 6mo ago
  https://wtfhappenedin1971.com/ https://wtfhappenedin1971.com/

That and also people weren't paying for Netflix, Disney+, PlayStation online, ChatGPT+, etc Edit: Also people were having more kids back then and earlier in life, so they had less time for hobbies and "finding one's self", they'd be busy with their kids and work. The bored DINKS with free time looking for hobbies is a relatively recent phenomenon in western societies (10-15 years).

simianparrot 6mo ago
Nobody needs to pay for any of that
- joe_mamba 6mo ago
  Says who? Please define your definition of the word "needs" here in this context. With this logic, nobody also "needs" to buy a Ford F-250 Super Duty, a MacBook Pro M5, an RTX 5090, a recreational boat, drink Starbucks daily, etc if your definition of "needs" is just limited to day survival meaning just providing food and shelter but nothing more, and yet people buy them anyway, because it's entertainment, not because they need them to survive. People will still want escapism and entertainment ESPECIALLY when their lives suck, like in times of economic depression, be it cigarettes, booze, junk food, porn, games, gambling, movies and TV shows, etc, even if you think people don't "need" them. This is how people function. It's scientifically documented.
  - dgellow 6mo ago
    What a stretch to go from cars and luxury laptop to daily survival
    - joe_mamba 6mo ago
      Are you able to read and parse entire sentences and paragraphs in order to grasp the point of a comment, or do you form your opinion from a couple of random words you pick from a paragraph.
      - dgellow 5mo ago
        Please do not rely on personal attacks on HN
ninth_ant 6mo ago
> That and also people weren't paying for Netflix, Disney+, PlayStation online, ChatGPT+, etc Its disingenuous to describe those new expenses without considering those that largely have been replaced. It used to be normal to pay for cable TV which was outrageously expensive. They used to go to movie theatres on a regular basis, and collect physical media for movies and music and games and tv. Etc.
- ghaff 6mo ago
  And pay $1 a minute for long distance and even not so long distance calls. Not sure how everything balances out inflation and function adjusted but not convinced entertainment is broadly more expensive these days.
nickthegreek 6mo ago
People were paying $150/mo cable bill.
- AlexandrB 6mo ago
  Don't forget that's $150/month in 90s dollars! It's like having a $300/month subscription to streaming services today.
fragmede 6mo ago
Skipping Netflix and Disney+ and avacado toast isn't going to make it affordable to have kids and pay for their college tuition.

armchairhacker 6mo ago

Do you have sources? Because my understanding is that medium income/inflation increased

griffiths 6mo ago
https://wtfhappenedin1971.com/ https://wtfhappenedin1971.com/