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    Conspiracy

    Anyone have an answer to this?

    Anyone have an answer to this?
    View 14 Comments

    14 Comments

    1. jamatosoup on

      Unbridled corporate greed. My grandfather worked on oil burners for Mobil, grandmother did work, they owned a huge Victorian home in suburban Philadelphia. Checked recently and that home built in the late 1800’s last sold 20 years ago for over $1M.

    3. EchidnaPretty9456 on

      Some people woke up and realized that all they could really accomplish was a house, some kids, a job and a spouse and they could not really do anything special. So they turned their little house, job, spouse and kids into a huge accomplishment that made them special.

    5. DrStevenPoop on

      Inflation, the women’s lib movement effectively doubling the workforce in a short period of time, outsourcing, allowing China to use protectionist policies to keep our products out of their markets while we allow them free reign in ours, mass immigration from the third world keeping wages for unskilled labor low, requiring people to get a degree, but the colleges have all been turned into Marxist indoctrination factories that only turn out Marxist activists who hate America and love communism, so no one wants to hire them, but that’s okay because they don’t want to work, either. Lol. Stuff like that, basically.

      I have a feeling that this isn’t the answer you want, though.

    6. Leidenfrost1 on

      There are multiple ways to interpret the question, and It’s due to multiple factors, but mainly labor supply. Families started earning more money when more women started working, increasing their buying power, which raised the demand for goods and services. When that happened, the prices of everything increased due to the increased demand, so a two income family doesn’t have a huge advantage, it just becomes normal.

      So sort of when families gradually earned more money, the prices of everything increased gradually to match.

      Then there’s the effect of globalization, outsourcing, immigration, new technologies, etc…

    9. kopatroopa123 on

      People’s insatiable wants. How many spend freely on instant self gratification, wasting $6 here and $15 there until their money is gone and have debt….

    10. Reardon-0101 on

      There are still many people that do this.   Many.  Also there is an assumption that this was the  reality for most people back then.  Sounds like your grandpa was middle or upper middle class .  

    11. Ok_Radio_8540 on

      Greed.

      The oligarchs don’t share the profits.

      Consumer Prices rise…incomes do not keep pace.

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