Last I looked, houses cost less now than they did in 2007.
If you think you're paying more for energy now, wait until cap and trade kicks in. That's going to really raise your energy prices, and I have a feeling it's going to hurt the poor and middle class more than it's going to hurt the wealthy.
But you'll notice the things you really need the most, the commons if you like, are more expensive than ever.
And you've exemplified the real problem. While people have focused on this small upside, what you don't realize is, there are increasingly less people out there to buy the stuff. It's all crashing down around us, in case you've not noticed.
We're trying to pump up the tire of our economy again, and it's had so many holes punched into it with free-trade agreements, that each pump just results in the air coursing through it, and leaking right out to one of our many benefactor countries, in the form of our jobs. Only they do them so cheaply, that even they only benefit minimally.
Yes, we could've instead, sent our great system, our working economy out to the world. Instead, the rich chose to cripple anyone who didn't make more than a few hundred thousand a year, people who worked for a living. As it turns out, only the top few percent have gained. And that is to be expected, since they run everything, and since they are the talking heads that right-wingers are repeating their slogans from.
Seriously, when Rush limbauagh says "we" or "our" do you really think you are included? Perhaps in your mind you include yourself. That is the ploy at use here. They teach you to use these pronouns in management courses, for just this reason. People love to be included. But in truth, you are not, and you still reapeat their slogans right-wingers, and help them bring our destruction by agreeing with all their silly arguments, like Unions making too much, asking for too much, or being filled with thugs.
Wake up. The dystopia is knocking at the door, and you are about to let it in.
Sorry, I'm not buying your argument.
I am the product of a poor family. Mom and dad never had a large income, ever. They barely managed to keep enough food on the table for us 4 kids when I was young. They didn't put a single one of us through college because they couldn't afford it. Yet 3 of us ended up with college degrees that we earned while working and going to school at the same time. (Only 3 of us, because one of my sisters died at the young age of 26) Even though mom and dad never earned a lot in their lifetime, they did save and invest. Their net worth is well over a million dollars. Most of it accumulated in the last 20 years. They didn't do that because some "rich" person held them back or propelled them forward. Me, my sister and my brother are all solidly upper middle class. We didn't become that way because of some government program or because some "rich person" helped us out or payed more taxes. We did it because we worked at it. In the last 5 years I've more than doubled my income while working for somebody else. I'll double it again in the next 5 years. I crossed the line from being raised in a poor family to raising my children in a middle class family, that doesn't happen in too many countries, but it happens here in the USA. Funny how "the rich" didn't cripple me, isn't it?
P.S.
I don't listen to Rush Limbaugh.
The truth is, what you've posted is more like a ship passing, unaware of another ship, (my post) never interacting.
Good for you, and your family. What you've not addressed is the changing conditions of the last 40 years, and the affect, or possible affects it would have on a similar family.
I also appreciate your "speculation" of your eventual gains. I think many people anticipate wealth, or continued wealth, that never comes to fruition.
Also, one example does not a statistic make. It's like the "welfare queen" example in Reagan's years. He used it to smear the whole system, when in fact, it is an entirely false idea that they were all crack-whores. It is entirely false too, that every person who comes from a poor background, will end up getting through college, and on to a good job.
I'd also be interested in knowing what your idea of poor, and rich are, and where the middle class is for you.
A quote from Pefectly legal below.
_____________
America Has 134 Million Taxpaying Households
Arranged by income, on a ladder with 100 rungs, each rung would have about 1.3 million taxpayers.
The average income of the top 10 percent of American taxpayers rose 88.6 percent from 1970 to 2000, from $119,249 to $224,877 (adjusted for inflation).
This groupÂ’s share of income grew from 1970 to 2000 from 33 percent, to 48 percent.
The average income of the rest, the bottom 90 percent of earning households, stagnated over the last three decades, slipping from $27,060 in 1970 to $27,035 in 2000.
In this group, average incomes share of the national income fell from 67 percent to 52 percent.
Perfectly Legal, chart on p. 31
These charts show only average incomes, not income shares.
Also, since 2000, the shares and income trends for the top few percent, as well as wealth, have skyrocketed to unprecidented levels, even those before the Great Depression. And income disparity, as well as loans on the margin, were the two largest factors in brining on the last, and this depression.
Like it or not, outside of your own anecdotal world, things have gotten worse, and the system's rules from which we all play our little games of life, is rigged for the very rich. Some can make it--Kudos. But most will have a harder, and harder, and harder time, as that is the direction our poorly chosen leaders have led us, to our own destruction.
And like I said, your invented life in the future, and reality may at some point diverge. I suspect many who thought things were going to be cherry have ended up getting screwed, and are now among the ranks of the unemployed.