Reply to Was there ever a time when your average nine to fiver could afford the American Dream?

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[quote=Anonymous]The general problem with America over the last 75 years is that all the things people “need” have gotten very expensive and the costs have significantly outpaced inflation.

Healthcare, education, childcare and elder care
Costs all significantly exceed inflation and wages have not adapted.

In the meantime, airfares, electronics, and various “wants” have gotten much cheaper.  It is actually cheaper in today’s dollars to fly most places compared to the 1970s.  Not inflation-adjusted…straight out cheaper.

This has all happened under both political parties.  Not sure how anyone can stridently argue one party is more responsible….both are complicit.

Even now, neither party puts forth any real plan to address significant cost of life issues.  I mean healthcare costs and outcomes are just awful.  Most workers even with health insurance have terrible insurance that leaves them with high premiums, high co-pays and huge bills for serious events.

So, yes it was possible to do OK on one income, although I think folks are being Pollyanna that life was so grand.  I agree with others…life was simpler.

I mean it was fairly common back in the day that parents did not save much for college and the kids were expected to pay themselves.  Again, as somebody else pointed out, you could work a summer and pay a year’s tuition for even Harvard.[/quote]

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