return2ozma‘They Are Just Pissed Off’: Scott Galloway Warns Young People Are ‘Opting Out of America’ As Older Generations Failed Them
wildbus8979Oh I thought it was because they like Trump, are Russian bots, and tankies. At least if people here are to be believed.
Each successive generation has a higher income even accounting for inflation
Yeah but it doesn’t tell the whole truth, cost of living has been rising steadily as well.
Cost of living is inflation, which this chart takes into account
Sure, but inflation doesn’t factor in price hikes, for instance medical insurance, drug prices, house prices, rent, collage tuition or new expenditures that didn’t exist 20 years ago. These don’t follow the curve of inflation, they are artificialy inflated which is shown in increased profit margins.
Rent is literally a third of inflation calculation
How do you complain it doesn’t factor it when it’s the biggest contributor?
Dude, I’m not complaining I’m giving you examples of things that they don’t account for. Rent is different, you have landlords jacking the price to an extreme, and then you have those who follow the inflation curve. It’s just dishonest.
That list is wrong because they do account for it
You were proven wrong by another user, you’ve linked a graph with no sources or explanation.wjatvdo you expect?
No, the inflation literally tracks housing costs. There are valid criticisms, and there’s not knowing what you’re talking about
you are the one misleading people posting graphs with no context, sorry but you are the one who make false assumption based on the graphs you are posting.
Which false assumptions? I explain my points clearly without brushing off other people. Be specific