top | item 46951017

(no title)

0sdi | 20 days ago

Someone is siphoning your value. It's quite obvious when you track the productivity, or ask questions about how did your great-grandpa survive at all without machines. Just stating the obvious, don't mind me.

discuss

order

JamesBarney|20 days ago

They lived in a house or apt with a third the sqft/person that was far more likely to catch fire and didn't have AC.

If they had a car they most likely shared it. It was far less safe, didn't have AC, guzzled gas and polluted.

Never ate out and spent a third of earnings on cheap grocery store staples.

College and healthcare was much cheaper, and they got a lot less of it.

We're benefiting greatly from the increase in productivity. We just view our great-grandfather luxuries as our necessities.

lp4v4n|20 days ago

>They lived in a house or apt with a third the sqft/person that was far more likely to catch fire and didn't have AC.

But at least they could afford a house, right? I think a lot of people would accept living in a house without AC and more likely to catch fire. Is a house like that cheap today? No, right? It's crazy expensive as well.

>If they had a car they most likely shared it. It was far less safe, didn't have AC, guzzled gas and polluted.

Car technology in the past was worse, we know that. Cars were more affordable though.

>Never ate out and spent a third of earnings on cheap grocery store staples.

Like today then.

>We're benefiting greatly from the increase in productivity. We just view our great-grandfather luxuries as our necessities.

Young people are rotting at home unable to go ahead with their lives because wages nowadays are not enough to pay for a house and a family. Why do people try to deny this obvious reality? Productivity didn't benefit everyone equally and people in the past had more opportunities to build a life inside a standard that was socially acceptable.

cucumber3732842|20 days ago

All you've done here is take the tired dishonest "kids these days and their darn avocado toast and smartphones" trope and used different goods/services to spin it in a way to appeal to the median commentor on HN.

You're ignoring the gorilla in the room. Why can't one live in a comparable manner today and bank the difference? Because those things aren't available? Why aren't those things available?

llmslave|20 days ago

Yeah I think people need to start asking the question, "Where is the money going". Its not just inexistent, its literally going somewhere other than your pocket.

dmd|20 days ago

They're not voting against their own self interest; they just have different interests than you. Their primary interest and goal is making sure their out-group is hurting, and that is what they are voting for, regardless of that happens to them.

digiown|20 days ago

It's rent seeking, the antithesis of capitalism. It's always been. Enabled by abuse of government power. And no, it's not a partisan issue.

You see this pattern across the American economy. The boomers locked in their house values by passing all the zoning regulations to artificially restrict the supply of housing. AMA artificially restricts the supply of doctors to increase their wages. Accreditation pushed ever higher costs on universities which increased costs, and the availability of loans basically cut off the brake cable. And who do you think is really benefitting from all the companies enshittifying everything and pushing up costs? The billionaires and retirees of course. And the young/working people are paying for it.

The solution for individuals is arbitrage. Remote work, get healthcare abroad, and avoid college tuitions. The fact that these things make sense at all shows how broken the markets are.

zozbot234|20 days ago

And that someone is mostly government, which is a growing and increasingly wasteful fraction of GDP. We really need to start reining in the national debt and government spending. Drain the swamp.

throwway120385|20 days ago

No, it's rentiers. The government takes about a quarter but the rentiers easily take 2 times as much in interest, monthly fees, and other costs that I have to pay in perpetuity. You just don't consider that because you think those people are necessary for living a good life. In reality their purpose is to extract as much money from you for as little work as possible.

_DeadFred_|20 days ago

Reminder that the Republicans' policy has been to starve the beast. That is push up government costs while passing huge tax cuts (like the big beautiful bill Republicans just passed that is greatly increasing the debt) in order to sabotage government's ability to function, then blast from every rooftop that we need to cut government. https://en.wikipedia.org/wiki/Starve_the_beast

"The very reason why we object to state ownership, that it puts a stop to individual initiative and to the healthy development of personal responsibility, is the reason why we object to an unsupervised, unchecked monopolistic control in private hands. We urge control and supervision by the nation as an antidote to the movement for state socialism. Those who advocate total lack of regulation, those who advocate lawlessness in the business world, themselves give the strongest impulse to what I believe would be the deadening movement toward unadulterated state socialism."

--Theodore Roosevelt