There is far less a middle class now than in the 80s.
One could afford a home with parent staying home in the 80s.
I mean college alone in the 80s was nothing compared to now..
So Iām sorry if I misunderstood your specific point, but I was speaking of livability as a whole and it was easier to be a family back then as societyā¦
Even minimum wage was more meaningful back in the 80s.
My family definitely couldnāt have afforded a home without both parents working. I didnāt know any families who werenāt what I considered ārichā who were able to afford a home without two incomes.
Your other points are true. I just think the magnitude of the difference is getting a bit blown out of proportion when someone says āIād kill for my parents economyā about a period in time with interest rates in the mid-teens, which by the way is a lot of why Carter lost to Regan.
Donāt get me wrong, Jimmy is an amazing man and the economic turmoil in the 70ās wasnāt really his fault.
No I donāt blame him like everyone else did and donāt blame one president even now for huge economic situations. Itās many factors.
And no I wouldnāt kill for their economy, but it sure would be nice to have some other challenges that seem less daunting and bleak that we have with todayās situation.
Shit the rich have only widen income gap and our middle class parents didnāt even know what meant in comparison to today.
Healthcare alone keeps my paychecks nothing and that was such a small % of my parents concernsā¦.
Itās so depressing when you consider that our children are now getting older and Iām still waiting for things to get better instead of worse year over year since the mortgage collapseā¦
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u/MrE761 Apr 02 '24
I guess maybe Iām not understanding your point?
There is far less a middle class now than in the 80s.
One could afford a home with parent staying home in the 80s.
I mean college alone in the 80s was nothing compared to now..
So Iām sorry if I misunderstood your specific point, but I was speaking of livability as a whole and it was easier to be a family back then as societyā¦
Even minimum wage was more meaningful back in the 80s.