Saw a meme somewhere yesterday, in the 1950s a man could have a house, a car a stay at home mom and four kids on a Detroit assembly line salary.
True. A skilled UAW worker is about an $80k job. You need about $200k to support a family of four and a house in Michigan comfortably.
You can have all those things at that salary, if you want them.
Most seem not to.
A Detroit assembly line job was the creame la creame of manufacturing jobs. Highest pay in country.
The size and amenities of the 1950s homes make them equivalent to a small 2 bedroom trailer today.
Also they bought their cars at cost.
Saw a meme somewhere yesterday, in the 1950s a man could have a house, a car a stay at home mom and four kids on a Detroit assembly line salary.
People didn’t need as much stuff as in the 50s.
I did that. House, two cars, full time homeschooling stay at home mom, four kids, modest salary. Last kid is 26 years old so it wasn’t long ago.
We lived in modest homes, Still do. 1000 sq ft. cheap mortgage, we drove modest cars. we didn’t eat out much. I took my lunch to work 95% of the time.
Homeschooling is remarkably inexpensive, especially for the younger kids who re-use books. We didn’t have the newest of anything.
It’s amazing how much more money we make now that the kids are gone.