this post was submitted on 17 May 2025
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Something that a lot of people get wrong in these calculations.
Life is more expensive these days, and I don’t mean cause the prices are higher.
In the 70s, you didn’t need higher education to do well, now you do.
Not everyone had or needed a TV, now having a phone and internet is kind of critical for day to day life.
Things were closer, it was easier to not own a car.
Getting a job was simpler, you could just walk down a street and try different businesses, now you got many rounds of interviews.
I could keep going, but overall, things just take a lot more effort while people having less and less free time.
There are more people to compete with in these areas.
Yeah in the 50s and 60s the US was still riding the post WWII high. Now a lot of the world has (re)industrialized and so we're all competing against each other.