Also was the 1971 household income number a single income or dual income like today? If not dual then we are working twice as muchh to make the 5.5x increase
But screens have gotten cheaper per unit of area!
The only thing I disagree with in this post is using the average cost of an Ivy League education. If they're comparing averages, either use all higher education or state universities.
This is surely not the reason here, but at least cars have gotten a lot more complex, and the possibilities of health care have also increased a lot. So not all of this increase goes into rich people's pockets. But likely still quite some.
Cars are more complex so that they can spy on you, steal your data, and make even more money as data brokers.
But this guy will make it great again, surely.
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