My favorite comment on the article is “The problem with capitalism is that you eventually run out of other people’s money."

  • hector@lemmy.today
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    2 hours ago

    You are repeating information spoon fed to you by the ones that have changed the inflation rate to understate it, which has led us to become compound fucked to the 50th power.

    A minimum wage job, 1 minimum wage job, paid for a family in 1950. Bought a house, a cheap car, doctors, dentists, optometrists, other professional services people can’t do themselves, even able to go out to eat for a burger.

    After the changes, it’s become less and less true, by the 1980’s it was undeniably true that wages no longer paid for what they did. By now it is a joke, they tell us our buying power has never been higher, by the numbers that is true.

    I know it feels warm and safe living up the backside of the billionaires, but there is no future going further up, come straight back and join us in the sunshine brother!

    • vacuumflower@lemmy.sdf.org
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      2 hours ago

      A minimum wage job, 1 minimum wage job, paid for a family in 1950. Bought a house, a cheap car, doctors, dentists, optometrists, other professional services people can’t do themselves, even able to go out to eat for a burger.

      Yes, in 1950, damn right. Now do 1930.

      by the 1980’s it was undeniably true that wages no longer paid for what they did

      Still better than 1930.

      but there is no future going further up, come straight back and join us in the sunshine brother!

      I dunno, there might not be any sunshine stored for me, but it’s still not 1930.

      • hector@lemmy.today
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        2 hours ago

        What is your point? Mine is in the post war years we achieved the most prosperous working class the world has ever known, and the most progressive taxation which had no small part in that, and in the ensuing decades brought reason and justice even more to the economy, on a scale unprecedented before that, and the rest of the western world followed.

        That in 1971 that all changed and they’ve taken that all away piece by piece in an organized campaign(s). So what are you even talking about?

        • unpossum@sh.itjust.works
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          23 minutes ago

          Mostly for white people, and mostly because the US had built out an enormous industrial base to win WWII, and also was in the unique position of not having been destroyed by the war.

          • hector@lemmy.today
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            9 minutes ago

            Which is the typical ad hominem to respond to the unanswerable charge that the rich have taken our middle class lifestyle and replaced it with poverty, reduced even the wealthy to just getting by status. Use emotional arguments, and slander, to obscure the issue.

            The one here, that because injustice existed it doesn’t count that we all had a higher standard of living that the rich took away from us, doesn’t make any sense though does it?

            Explain to me, how it negates recognizing the rich have taken from working people, because society wasn’t egalitarian when working people extracted the highest standard of living ever?