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by badpun
2600 days ago
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> Back in the 50s and up to the 80s a signle-income middle class household could still send a kid to college, buy a house, and so on. In the US. Meanwhile much of the rest of the world was mired in communism, which created incredible poverty and misery. After the 80-ties when it was finally overthrown for the most part, those billions of people start competing on equal ground with the US, which equalizes the global situation a bit. |
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