We're all being asked to sacrifice the living standards our parents grew up with because the utter failure of local, state and federal government to provide housing, public transit, education and healthcare, something most of the Western world manages to pull off without issue.
We have never been more productive in this country's history and yet we cannot even meet a bar set in the 1950s.
Median disposable household income is higher in the US than anywhere else in the world [0]. Real median personal income has increased 50% since the 1970s [1].
Officially, disposable income means income minus taxes. Lots of people assume it means minus necessities like housing and food, but that is discretionary income.
We have never been more productive in this country's history and yet we cannot even meet a bar set in the 1950s.
It's frankly ridiculous as is this piece.