Hacker News new | ask | show | jobs
by yungporko 440 days ago
right but that one cherry picked number doesn't tell the whole story at all. if wages had also risen with inflation and economic pressure hadn't changed then i'd agree with you, but the fact is that an $80-90 hit today is harder than a $50 hit in 1992 because people generally have less disposable income now.
1 comments

I know nothing will change your mind, but we are living in a golden age of prosperity right now compared to 1992.