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People always make the mistake of mixing up receipts to the US Treasury with outputs spent by congress. I understand what you're saying, those on the left that haven't gotten it yet won't.Originally Posted by spqrzilla
when we get done celebrating diversity and being whatever-Americans, pool together and just become Americans, when we stop fighting and bickering among ourselves, we can get out of this.
Until then we will continue to tear this country apart.
"America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves." -Abraham Lincoln
It was a lot.
Oh, sorry...the other guys spent a lot too! Sometimes more!
Have to tow the party line.
FIFY-
Also, I get that you think its cool to be some sort of radical, but the reality is that in reading your posts, I, and I believe most others, come to the conclusion your simply full of crap. You chastise a guy for investing in stocks, but have nothing to back up your criticism. You criticize the political parties, yet offer up no reasonable solutions or alternatives. Maybe its time you woke up and faced the reality of the situation, and started to act like a responsible human being and offer solutions and solid input instead of snide comments and regurgitated drivel.
The cost of a house today - even after the bubble collapsed - is "higher" because people expect to live in larger houses with more amenities. And to do so with smaller household sizes. You are the one that are comparing gilded apples to skinny oranges and don't realize it.
And then you give us a chart that is inflation indexed itself. And has absolutely nothing to do with living standards or anything. It only compared GDP growth per capita to median income. It does nothing to establish your points but is a non sequitur as I pointed out earlier.Also here is a chart to the metric I was talking about. You will see that wages kept up with productivity increases all the way till Reagan... then wages stagnated.
http://www.zompist.com/lib2.jpg
Sayonara
This- and lets not forget that houses are built to be much more energy efficient, almost all newer houses have central HVAC, built-in cable/satellite, multi-pane windows... the list goes on. Not sure how old you are but I have lived in old houses where the floor was bowed and slanted due to settling, with no insulation to speak of and single-pane windows. I remember vividly only having heat in specific rooms of the house because it was too expensive to heat them all, and literally closing off some rooms during the winter to conserve heat. I remeber never wanting to be inside any more than necessary because the house had no ac, and hanging clothes on a clothes line to save a little on the utility bill, and a lot of other things that would send current folks over the edge. When I was growing up we had ONE TV for the entire house, and my parents dictated when and what we watched on it.
We are a land of privileged people who believe that they are entitled to whatever they want, whether they earned it or not.
SO WHAT... this still does not address the point I made. The average cost of a house today is significantly MORE today when compared to the average wages earned. Thats a fact jack. You accuse me of nonsequinter and then charge right into your own head on. Project much? Even then all those things you cite are next to meaningless. I could outfit my whole house with TVs for 1/10th the cost in relation to wages of the one TV you grew up on. Thats because technology drops in price. Heck drive around cap hill for a few hours and I could do it for free. The cost of those building supplies back then was just as much. They were just old tech compared to the stuff now.
You old guys are just out of touch and blame everyone for not having to walk uphill both ways to school. I got news for you -todays generation is worse off because of you selfish people before them. The me generation that wanted everything now, well they elected people who gave you tax breaks and put the bill on a credit card.
Utter nonsense. First of all, his comment directly addressed your point. You just don't understand it. You compare the cost of housing but don't realize that your comparison fails because you are not comparing equivalents. When its pointed out to you, you don't even pay attention.
Second, today's generation is not worse off in terms of living standards. Today's generation expects to enjoy things that previous generations could not afford to have if they even existed. When I was growing up, no one had cell phones. Only the elite had mobile phones, which were fixed installations in cars. If you wanted to call someone while away from home or office, you used pay phones. Today's generation probably never even uses pay phones if they could even find them.
The point about housing was specifically that you compare the amount of income spent on housing but you fail to compare how that housing is larger, has more amenities, and often has smaller households in it. Young people today think that they are entitled to separate housing at earlier ages. The distribution of home ownership expanded greatly during the housing bubble. There are equivalents at all levels. Personal music players to cars that last longer and need less service to theater quality home video.
But this all goes over your head.
Sayonara
I can buy a TV right now for 10 dollars on craigs list used. In fact I can pick them up free all day long. There is no equivalent to having a house full of TVs today and only one when you were a kid. Heck I gave 3 away in the last year myself. So yeah I can afford to enjoy what you did not have or barely had. That is how the world works. Cost of those "luxories" went down. What todays generation enjoys that you did not is the debt you left, the college school system that has risen over 800% more in cost than inflation, A system that forces them to take loans that can NEVER BE BANKRUPTED OUT OF... which basically is the modern form of share cropping, wages that have half the purchasing power and houses that cost 3 times as much..... whooo hoooo its all about a TV though.
If it is going over any ones head it is right over yours.
Your paragraph rather well demonstrated who is not understanding the basics. In it, you wrote at the beginning "There is no equivalent to having a house full of TVs today and only one when you were a kid." and later you wrote "... wages that have half the purchasing power ..." and you don't understand how you are contradicting yourself.
When you isolate out the true basics - food, energy and basic shelter - those differences in purchasing power disappear and in fact invert.
(Although its tough to even compare food well, since in recent decades we enjoy food variety unseen in the past generations as we get fruits and vegetables year round from global trade. Older cookbooks had to account for what foods were "in season". Today, no one even thinks about it.)
Sayonara
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