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by vorpalhex
2536 days ago
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Life expectancy in the US has dropped by about 4 months in the last 3 years. In the last 40 years it has increased over 8 years. https://data.worldbank.org/indicator/SP.DYN.LE00.IN?location... Remember that real wage is a deflection based on cost, but the cost of living is absolutely localized whereas the minimum wage is federal unless overridden by the state. Therefore as an average that might be true, but is generally incorrect for any given actual datapoint. Just because minimum wage is garbage in Mountain View doesn't mean it's not perfectly fine in Ohio. https://saylordotorg.github.io/text_microeconomics-theory-th... https://www.expatistan.com/cost-of-living/index/north-americ... Obesity is absolutely self caused unless you're on a feeding tube. You can get 2400 cals a day for about $4 from McDonalds - don't even need to cook. Yes, your fresh organic vegetables that had to be trucked in from halfway across the US costs more than a bag of processed corn chips that can sit on a shelf for 2 years. You can still eat very healthy for very little money. The cost of luxury goods is relevant because things like laptop computers, the internet, cellphones, cars, and so on are considered luxury goods. And hey, it turns out it's pretty hard to get a job if you can't email, and it's hard to be connected if you don't have a phone. You can get a functional phone for $20 and a plan for about $15 or less a month - something mind boggling compared to a few decades ago, not to mention more portable than a telegraph or a landline. |
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CoL in NYC/SF has almost no effect on the overall price index, it's much more representative of middle america.
Completely missed my point about someone being malnourished because they get all of their calories from Mickey D's.
You'd be surprised how many poor people continue to have low access to email and find jobs by physically walking into retail stores to apply.