Not to mention that gas is a larger part of the average persons budget than it was 72 years ago. We live in a car distopia without any good public transit. It’s also why looking at a single thing like gas prices is a dumb way to judge how affordable living is.
You don’t even need to bring income into it. Inflation is the whole point of the “things were cheaper in the old days” trope, if you adjust for inflation then all you’re saying is we’ve seen zero progress. Even on its own terms it’s still not a brag.
True, especially because isn’t gas prices one of the things that define inflation so doing that calculation doesn’t really mean anything? Also so many fewer people were driving in those days.
Even if his math is correct, it’s a stupid point cause our incomes haven’t matched inflation and that’s all that really matters.
Not to mention that gas is a larger part of the average persons budget than it was 72 years ago. We live in a car distopia without any good public transit. It’s also why looking at a single thing like gas prices is a dumb way to judge how affordable living is.
Are you based in America?
Yes. And the context of this post is talking about America.
Alright, just checking. 🤷♂️
You don’t even need to bring income into it. Inflation is the whole point of the “things were cheaper in the old days” trope, if you adjust for inflation then all you’re saying is we’ve seen zero progress. Even on its own terms it’s still not a brag.
Our incomes should have matched productivity to get ahead. Matching inflation is just treading water.
This is a great talking point and I’m stealing it
We drowning
True, especially because isn’t gas prices one of the things that define inflation so doing that calculation doesn’t really mean anything? Also so many fewer people were driving in those days.