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To: ChicagoConservative27

Paychecks haven’t kept up with the cost of living for generations.

Where I live jobs paying 20/hr are common but a studio apartment costs over 2,000/month.

Hard to live on that job even at a basic level.


46 posted on 11/20/2023 11:27:38 AM PST by desertfreedom765
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To: desertfreedom765

“Paychecks haven’t kept up with the cost of living for generations.”

Correct.

I crunched the numbers for southern CA a while back and it turned out that the per square foot housing costs closely matched the rate of inflation.

It was wages that were not increasing fast enough to cover inflation over the past few decades—not even close.


50 posted on 11/20/2023 11:42:47 AM PST by cgbg ("Creative minds have always been known to survive any kind of bad training." Anna Freud.)
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