Synkr3tykMar 16
Andrew Lokenauth

Median family income in the US increased from $10,000 in 1971 to $106,000 today, only a 10x increase.

However, the median cost of homes increased from $25,000 to $445,000, a 17x increase.

And the median cost of cars increased from $3,600 to $50,000, a 14x increase.

The median cost of college increased from $2,900 a year to $45,000, a 16x increase.

And the average cost of healthcare per person increased from $350 to $14,600, a 42x increase.

THIS IS ABSOLUTELY INSANE.

Mar 15 at 7:47pmWeb
Show threadWeekend EditorMar 15

@FluentInFinance

Even the conservative AEI recognizes this (see chart). It reveals a great deal about our economic priorities (see blog post).

https://www.someweekendreading.blog/soc-priorities-chart/

Show threadChris EspinosaMar 16
@FluentInFinance and the even more appalling thing about this is that it coincides with the entry of women into the workforce en masse, so that household income represents *two* paychecks, not one; and concomitant child care costs have risen to 25% of income from zero.
Show threadJustinMar 18

@FluentInFinance
Here is another one for you.

In 70s CEO pay was 24x their avg worker, today its 350x. 🤮

Show threadCrystal_Fish_CavesMar 18

@FluentInFinance
That old joke, "The hurrier I go the behinder I get"

ain't damn funny.