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Topic82 percent of all wealth generated in 2017 went to the 1 percent
Darkman124
01/25/18 2:31:54 PM
#41:


darkphoenix181 posted...


The problem for me is this chart is meaningless unless it is accompanied by how far the dollar at the time vs. today can go to buy food and a place to live. And even that is relative to region.


you do realize that the real (inflation-adjusted) cost of housing, healthcare, education, and food has risen significantly since the 1980s, right?

what has gotten cheaper is luxuries which you seem to be confusing with 'standard of living'
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