Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
someone is going to have to address the mismatch between wages and cost of living.
Everything in “Cost of living” basket is delivered by the same economy that tends towards reduction of prices - assuming it’s healthy competitive market. I believe that at least in case of US, housing market and Healthcare are particularly corrupted, which drags prices up.
but the inevitable 90% of “losers”
I don’t believe there are 90% of “losers” if you said bottom 10-20% earners in the society, I’d might agree - there’s always some percentage of people who can’t make the ends meet.
Everything in “Cost of living” basket is delivered by the same economy that tends towards reduction of prices - assuming it’s healthy competitive market. I believe that at least in case of US, housing market and Healthcare are particularly corrupted, which drags prices up.
I don’t believe there are 90% of “losers” if you said bottom 10-20% earners in the society, I’d might agree - there’s always some percentage of people who can’t make the ends meet.