• @[email protected]
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    fedilink
    English
    51 year ago

    So the wages in the US are better than they have ever been, even inflation adjusted. You can go back as long as you want, they were not higher in the 50s, contrary to popular belief

    That’s just obviously false. Are you saying people who could pay for college by working summer jobs, and who could buy a car and house and raise a family on a single income were making less than people today who spend decades paying off student loans, and who can barely afford rent on a one-bedroom apartment?

      • Flying Squid
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        21 year ago

        In part because black people can own those things more easily now.

        • @iopq
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          11 year ago

          Sure, but people pining for the lifestyle of the 50s forget they are looking at the top 10% of incomes. Life in the 50s wasn’t that good compared to now for the AVERAGE person

          • Flying Squid
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            31 year ago

            Except they had things like the G.I. bill which gave them money to go to college or buy a house and improve their lives. Every man who was in the military in WWII had that as an option. Maybe some didn’t utilize it, but that was by choice. If you include their spouses and children, that’s way more than 10% of the population.

            Wages were comparatively higher too.

            But I don’t know anyone on the left pining for the lifestyle of the 1950s, that’s something conservatives want. I wouldn’t mind the wages of the 1950s (adjusted for inflation) and I wouldn’t mind taxing the rich at 90%, but I sure would mind the racism and the sexism.

            • @iopq
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              11 year ago

              I wouldn’t mind the wages of the 1950s (adjusted for inflation)

              Adjusted for inflation, much lower than today

              I wouldn’t mind taxing the rich at 90%

              There were loopholes that allowed most people to pay much less, so that’s why they closed those loopholes later