I'm having a hard time finding where in the chart that happened across the last 30 years. https://en.wikipedia.org/wiki/Real_wages#/media/File:United_...
That graph makes no statement whatsoever about whether real income in the bottom 50% has gone down, stayed flat, or risen over the 30-year period under discussion. For that, you’d look at a real income chart over the 30 year period, which would show that real income has increased over that span.
If incomes at the bottom rise by 20% vs 10% inflation and incomes at the top rise by by 100%, the income at the bottom went up in real terms, though the share of income at the bottom will have gone down.
this is why I think it will be hilarious when the kids start revolting, and burning shit down folks like you will be looking at graphs and going "how can they be upset, look at this graph! these gig economy renters should be jumping up and down with joy according to my statistics...ungrateful bunch!"
Yours as an individual may not have. No one is saying you're ungrateful as an individual when your experience is different to the group's average.
If you need high education, you just take credit, and pay for it with your salary which is much higher than it was 30 years ago.
And if you think that you won't be able to pay for credit because it's not possible to find a decent job with liberal arts degree, then probably you don't need that education.
> Cost of housing went up
I suspect that's because construction workers are paid well now. So instead of studying classical literature in high school, maybe study bricklaying.
> Cost of healthcare went up
This is the issue, but "taxing the rich" won't solve it. It need to be properly regulated. The fact that insulin costs $100 has nothing to do with taxes for the rich people.
> Income went down
Seems like it is not true. There's a chart: inflation adjusted median household income.
https://fred.stlouisfed.org/series/MEHOINUSA672N
It goes up.
> perception of paying 80% of my income to rent that's the problem
Man, I don't know your situation.
Sometimes people pay for something they shouldn't.
Like buying a shiny new car while old car only need occasional repairs, or buying top new iphones while cheapest android is 1/10 of that.
When I was young I rented a flat which costed me about 70% of income, while I could rent a room for 30% of my income, or a flat for 30% of income and two hours commute. But it didn't matter because I was young, and I would not do that now. If that's your case, you may need to reconsider your worldview. If it's not, than I don't really know your situation to comment on that.
Looks like the issue is not that "I want to get rid of poverty" but rather "I want to get rid of rich people".
Why is that a problem?
well it's a problem because I am in that group.
it's clearly not a problem for you or your friends, hence why I believe that cutting the nose to spite the face is the only way to make you and your friends care. Otherwise you'll spend the rest of time saying everything is perfectly fine, when me and a bunch of people keep telling you THAT WE ARE NOT OKAY.
Do you get it now?
went up.
Income
went down.
So I guess you're right, objectively things are much better, it's just my perception of paying 80% of my income to rent that's the problem.