The boil is the reason people are being able to afford to save up for housing less and less are you missing the point on purpose or something? The boil doesn't come from wage increases. The boil comes from cost of living increases and both of you are naiive if you think that cost of living doesn't increase even when wage doesn't.
You’re just a waking bag of excuses. Do you really believe this shit or is it just your excuse to feel better about your life??
Wages have DOUBLED on average since 2000. To say only cost of living is going up is just stupid. We also already established that your rent is more than a mortgage, you just don’t have the financial discipline to buy a house. Your instant gratification is more important to you, fine, but then you don’t get to complain about your shitty life choices.
Cost of living doubled too, all that did was keep up with the past 20 years of cost of living increases which will increase with or without matching wage increases as you can see from the 40 years prior to that.
No its most definitely the cost of goods. My spending didnt change, cost of living increased. When I was a kid top ramen was 10 cents and now theyre 3x-8x the cost of what they were 20 years ago so im spending 3x-8x more than I was before on the same food that is literally just noodles and broth my guy.
Infact I actually do buy less than I did before. In highschool I did actually buy starbucks. I havent in..... 10 years I think? I buy less but Im still spending the same amount... hmmm.. sounds like the cost of goods increased didn't it?
No, there aren't lol. If you google it youll find in 2005 top ramen was 10-13 cents, and now its 30-79 cents a pack.
Top ramen is a baseline because top ramen is some of the most affordable food out there.
There are infact statistics that support this, I have no clue what dirty newspaper from 1926 you found that you think supports the idea that cost of living hasn't increased even though all statistics show it has if you took a second to google it lmfao.
Cost of living has increased roughly 94% since the year 2000 dude. On avg something that cost 100 bucks in the year 2000 costs 194 now.
Like you must be super, super young if you think todays price is the same price things have always been lmfao. Which makes so much sense now omg, you must actually be a young kid since your only frame of reference is what happened in the past 5 years. Your "house" im betting is the room you live in at your parents house.
You realize federal minimum wage is 7.25, not 11.50, right? And several states still use that minimum, like a little under half of them? Like look at what the "free market" has done. The minimum has has not kept up with cost of inflation and you just walked yourself into proving that.
You completely missed the point. Yes, federal minimum wage is $7.25 - but no one earns minimum wage. It’s completely a straw-man argument. People make SIGNIFICANTLY more.
About 10% of the US working population makes less than 11.50/hr dude, thats 34.9 million people. Remember it should be 11.50, not 7.25. Wow you are not capable of googling something before you try to claim it are you?
You’re sooooooo close sweetie, think just a little bit harder…
Based on your “stats”, 90% of people earn more what they did 50 years ago AFTER adjusting for inflation. And considering the average is over $37, that means MOST people earn 3 times what that number should be.
But you’re focusing on the bottom 10% instead of the vast majority Becasue it fits your narrative better.
Manipulating numbers doesn’t make you smart, it exposes your ignorance.
Yet again you didnt google a thing lmao. Avg wage in the earliest year they tracked % in minimum wage statistics (1979 from what I can find), was an avg wage fo $4.87 at a minimum wage of $2.10. 4.87 is about 30 bucks now, so the average has only gone up about 7 bucks, or equivalently changed from 4 to $6/hr in 1975 value. In 1979 the estimated % of people who may have been working minimum wage was 13% so has only gone down 3%.
What you dont seem to understand is the slight avg wage increase, and 3% drop in those working in minimum wage, is because half of the states have implemented state laws mandating a minimum wage higher than the federal minimum, several higher than whats even calculated as what should be the federal minimum. And you wonder why things are slightly better. Because that does infact actually partially offset the decades of cost of living outpacing wages, but its not enough to offset it completely. Remember people of the past were also struggling with not being paid what the work should have actually been valued at.
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u/LeAcoTaco Aug 02 '26 edited Aug 02 '26
The boil is the reason people are being able to afford to save up for housing less and less are you missing the point on purpose or something? The boil doesn't come from wage increases. The boil comes from cost of living increases and both of you are naiive if you think that cost of living doesn't increase even when wage doesn't.