[prirun]

There are big economic differences and expectations between when I was growing up in the 60's and now.

My parents married right out of high school, which was pretty much the norm I think. I lived on a dead-end street where nearly every house had kids my age. Dads worked, moms didn't. Moms might babysit, iron, do laundry for others, etc., but moms took care of the house and the kids. The houses were 850 sq ft, most with 3 (small!) bedrooms, a kitchen a living room, and 1 bath. We lived in that house until I was 8 and my sisters were 6 and 2, so 5 of us in 850 sq ft.

My dad worked as a bag boy at Kroger during high school and could: - get married - buy a house after a year married - start a family at 20 - had 1 car for the family - had a boat - had a motorcycle right out of high school. There's no way an unskilled high-school kid could do that today. They'd be lucky to have a car and be able to fill it with gas and have car insurance.

I don't think most people today would consider that lifestyle feasible, but at the time, it was fine. I don't think it's doable today because both parents have to work since inflation over the decades has had a dramatic effect on prices.

[Gud]

Everyone should ask themselves why the working class and middle class can’t afford to have the same lifestyles that were possible 60 years ago,

While 0.1% of the population live like God kings.

Donald Trump, Jeff Bezos and Elon Musk sure as shit don’t feel the effects of “inflation”.

[lotsofpulp]

Everyone should ask themselves how much healthcare, and how high quality of healthcare, and how much defined benefit pensions old people received during prirun’s parents’ young days.

It’s 2/3rd of all federal government spend today, and doesn’t even included all the state and local government spend. There are cities and states spending double digit percentages on paying for pensions and retiree healthcare for labor that happened in the past.

https://fiscaldata.treasury.gov/americas-finance-guide/feder...

You can liquidate all the equity rich people have (which will cause its price to drop precipitously and so you won’t get as much you think it will), but it won’t make a lick of a difference, because the numbers show the wealth transfer from working to non working is far, far greater than it was when prirun’s parents were young.

That is one of the reasons prirun’s dad had much more purchasing power. The president just said the country’s goal is to make sure the people who own land are prioritized over those who don’t, by keeping house prices high.

https://youtu.be/ToJxd3HBviE

That would not have helped prirun’s dad buy a house out of high school. Everything we do is to benefit the asset owners and the old, at the expense of the young and yet to be born. And it’s happening all over the world.

We don’t want young people to have more fruits of their labor, we want the fruits of their labor to be eaten by old people to meet their expectations of quality of life because they are a bigger voting bloc.