Re:The U.S. Labor Market Isn’t All That Healthy
by mdorazio on Monday July 08, 2019 @01:13PM
(#20384560)
There's a faulty assumption baked into your comment that most Americans are actually buying/using new things. My apartment building was built in the 1970s, I would happily drive a 1970s muscle car if I could find one at a reasonable price, and in the 1970s you could actually see a doctor without worrying about going bankrupt. Also in the 1970s the building and car would have been new, so I would probably pay you to give me those things today.
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Re:The U.S. Labor Market Isn’t All That Healthy
by icebraining on Monday July 08, 2019 @01:32PM
(#20384786)
> My apartment building was built in the 1970s
Yeah, but in the 70s you'd probably be living in an apartment built in the 1930s. The ones actually built in the 70s were a small minority back then, just like the ones built in the 2010s are a minority today.
Re:The U.S. Labor Market Isn’t All That Healthy
by mdorazio on Monday July 08, 2019 @01:45PM
(#20384950)
I don't think that's true. Remember that there was a massive post-war boom in population and construction starting in the 50s and extending for several decades until the land got used up in cities. Chances are if you were old enough to rent an apartment or buy a house in the 70s, it was built within the last 20 years.