Comment on I'm not asking to be rich.

• iopq@lemmy.world ⁨1⁩ ⁨year⁩ ago

  aei.org/…/have-wages-stagnated-for-decades-in-the…

  There was a peak in 1973-1979 where you can make that argument, but in our lifetimes the real wages have grown consistently and have beaten that peak

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  • FlyingSquid@lemmy.world ⁨1⁩ ⁨year⁩ ago

    The American Enterprise Institute is a neoconservative organization. Of course they’re going to claim wages haven’t stagnated, just like their corporate masters want them to.

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    • iopq@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Wages have stagnated since the 1970s, but have steadily gone up since the 1980s

      There’s also an argument to be made that since insurance premiums have gone up, and companies pay bigger benefits

      fred.stlouisfed.org/series/COMPRNFB

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      • FlyingSquid@lemmy.world ⁨1⁩ ⁨year⁩ ago

        That doesn’t appear to be adjusted for inflation.

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• iopq@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I don’t think housing prices are justified, which is why not everyone can afford to own. I’d rather build so much housing it crashes the market in all of the cities so that everyone can afford a house on their current salary. It doesn’t make sense to suggest to increase everyone’s wages so more money is chasing the same amount of housing, that would only increase housing prices

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  • FlyingSquid@lemmy.world ⁨1⁩ ⁨year⁩ ago

    You do know things other than houses cost money, right? And that if you don’t raise wages since the 1970s, but inflation has gone way up since then, all those things cost too much money, right?

    Do you even know a single non-rich person?

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