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A comment on Wealth is what you don't spend. Parent comment

Re:Wealth is what you don't spend by rhizome on Saturday January 25, 2020 @02:22PM (#22148056)
>I do agree COL outpacing earnings is most of the problem, but at the same time, so many people are peer pressured into unnecessary overspending when they could've done just as well spending a fraction

Nothing about companies being peer-pressured into underpaying their employees? That is, it's not the COL outpacing earnings, it's pay being kept below COL. It's held below by individual people repeatedly making discrete decisions to do so, i.e. with full intent.

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Re:Wealth is what you don't spend by jimmaswell on Saturday January 25, 2020 @02:31PM (#22148122)
However you want to frame it and whoever's fault the COL disparity is, it's orthogonal to the point that a lot of people would be financially better off buying used instead of taking out leases on things.
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