Looking at real wages (purchasing power) and the unemployment rate is hardly "complex analytics" it is simply using actual data instead of anecdotes and notions.
Hahah... I'd argue one is a partisan hack of their instinctive reaction is attempting to link an opinion to an administration.
Of course.... consumption is always a factor. Who said it wasn't? That does not change anything at all. The fact remains that the man-hour input for basic survival is more than twice what it was 70 years ago. Interestingly it has also surpassed that of the industrial revolution in the 1850's to 1920's which stood at about 70 per family.
You implied consumption wasn't a factor when you attempted to compare the cost of living today with the cost of living from 70 years ago without considering how much more people consume.
Sorry but your numbers just don't measure up. The average spend on housing costs here in the Northeast is 40% plus and getting worse all the time. Homelessness is on the rise and has increased nearly 200% over the past year according to local numbers not reflected in the politically cleansed numbers sources you tend to gravitate to.
www.census.gov
Note AveMarica has facts, and justoffal's cite does not dispel them.Sorry but your numbers just don't measure up. The average spend on housing costs here in the Northeast is 40% plus and getting worse all the time. Homelessness is on the rise and has increased nearly 200% over the past 12 months in this region. Additionally modern spending also includes something that you completely neglected in your early century numbers .. credit. You cannot exclude the cost of credit in modern cost of living expenditures.
Americans spend up to 50% of their income on rent, reveals Harvard study
Harvard study unveils concerning rent payment challenges for Americans, citing the rise of "luxury" buildings as one of the main reasons.scoop.upworthy.com
I recommend you get a better source... Or suffer the same reputational fate of the ridiculous government agencies that obtusely continue to tell people everything is great as they're going broke and going hungry.
You counter data with scary headlines that dispute nothing I've posted.
Actually they're more than headlines if you look closely the statistics you are crying about are in them .... The information you posted is nothing more than a collection of politically cleansed misrepresentations.
How exactly is that data politically cleansed?
Ahh back to non-measurable blatherings about "average financial plight", hilarious from the guy who rejects any and all actual data as politically cleansed because he lacks any real argument to stand on.
I almost feel guilty.
"In Switzerland, marijuana will be distributed free of charge to the willing, writes DW.
Why don't you look at FIVE years ago?
Ahh so when you were talking about boys and girls growing up in the 50s, and how much easier things were 70 years ago, you actually meant FIVE years ago? Obviously you are trying to make data match your bias instead of having an open mind and learning something.
