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by fan 6191 days ago
"- A rapid climb in income inequality over the last generation (check the historical gini index for reference) means that there aren't very many quality, well paying jobs available to young people."

The rise in income inequality is offset by the growth of average real income.

In fact, every point on the income curve has risen, at least in the US.

That is, if we compare the population 30 years ago to today, the real income is higher for the 10th percentile of lowest earners, the 20th percentile of lowest earners, etc.

Thus, its not harder to raise a family the same way today as 30 years ago -- people's standards have just heavily ballooned. "Raising a family" used to mean getting food in the door and clothes on your familys backs. Now it means a couple of sets of HD TVs, computers, barbeque grill, etc etc...