So from 1960-1990 (30 years) prices went from about 60 cents to 1.66 per pound for beef. That’s that’s a 270% increase. The median salary went from 5,600 to 29,900. That’s a 533% increase.
From 1990-2020 (30 years, lucky we are skipping covids inflation) prices went from 1.66 to 3.18. that’s 191% increase. Wages went from 29,000 in 1990 to 68,000 in 2020. That’s 234% increase.
So what we see is a wage to consumer goods ratio decrease from 263% to 43%.
So our economic wealth as a country is managing to increase faster and faster, yet the consumer wealth fell off awhile ago. If you follow the stock market youd see the Dow Jones increased from 2,700 to 30,000 from 1990-2020. So comparably we should see a 1,100% increase, not a 43%.
Granted none of this matters at the end of the day. The fact is, we are producing a fuck ton of products, and fewer and fewer are reaping the rewards of such day after day.
If you evaluate accessibility of things after subtracting the baseline requirements to stay alive it gets real sketchy how close many Americans are getting by.
I do localized hot, not all over. Burn me someplace I can control, not everywhere. It may be rooted in control masochism? No idea.