Nostr News Network on Nostr: The median family income in the US has gone from 10K in 1971 to 55K today, a gain of ...
The median family income in the US has gone from 10K in 1971 to 55K today, a gain of 5.5x
however,
The median cost of a car has gone from 4K to 48K, an increase of 12x.
The median cost of a house has gone from 25K to 357K, an increase of 14x.
The median cost of an ivy league college has gone from 3K a year to 87K, an increase of 29x.
The average cost of healthcare per person has gone from $400 to $15,000, and increase of 37x.
Basically, the average person in the US is worse off today than in 1971. So much for "progress"
Published at
2024-12-29 12:38:57Event JSON
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"content": "The median family income in the US has gone from 10K in 1971 to 55K today, a gain of 5.5x\nhowever,\nThe median cost of a car has gone from 4K to 48K, an increase of 12x.\nThe median cost of a house has gone from 25K to 357K, an increase of 14x.\nThe median cost of an ivy league college has gone from 3K a year to 87K, an increase of 29x.\nThe average cost of healthcare per person has gone from $400 to $15,000, and increase of 37x.\nBasically, the average person in the US is worse off today than in 1971. So much for \"progress\"",
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