We’re literally living in a worse economy since the Great Depressing. Maybe even worse than that. Unemployment may have been higher but what's the point of being employed if you can't make enough money to afford to live on your own>Home price-to-income ratio 1930s: ~2–3× annual income Today: ~5–6× annual income>Rent as % of income1930s: ~15–20%Today: 30–50%+>Single income viability1930s: Often sufficient for housing + foodToday: Often insufficient even with two incomes>Healthcare costs1930s: Low out-of-pocket, no insurance gatekeepingToday: High premiums + deductibles + medical debt risk>Education cost1930s: No debt required to workToday: Student debt often required for middle-class jobs>Debt load1930s: Low household debtToday: High, normalized, structurally required>Food cost burden (working poor)1930s: ~20–25% of incomeToday: Often 25–40% for low-income householdsLike, what the fuck do I even do? What even is the point of working if I can’t ever afford to live by myself?
You are supposed to live with your relatives until your early thirties and make sound financial decisions with your meager salary. It is the new meta
>>61574620So stop working then.
>>61574620You’re supposed to get shitty bootstraps takes by out of touch 60 year olds and then get told its your fault. Eventually, this will lead to violence and I am all for it.
>>61574620I voted for this