top | item 44438197

(no title)

RichEO | 8 months ago

What you’re missing, in your relentless focus on mostly abstract economic measurements, is that the measures of individual success and happiness are going down. People on average, are less able to afford to buy homes, raise children and pay for health care.

discuss

order

Kon5ole|8 months ago

I assure you I have no relentless focus on anything but trying to understand what's going on! There are many problems for sure but I don't understand how they can be solved with faulty explanations!

Many people seem convinced that the problems in society are caused by billionaires hoarding money, when they clearly aren't hoarding any relevant amounts of money. The problems with housing, healthcare and such are very obviously caused by other things (Home mortgages being a huge cornerstone of the entire economy for one, millions are placed in a situation where cheaper housing would be a catastrophe - including banks).

Maybe our parents, who were able to buy a house for like 5 years of a worker's salary, were just the luckiest generation? It sure hasn't been that easy to get a home before or after at any time in history.

Right now is one of the runner ups though, but we're comparing the situation with the best ever.