• quo@feddit.uk
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    10 months ago

    generally speaking the US economy has been doing pretty well in the last 20, 10 and 5 years.

    Over the past 50 years GDP per person has quadrupled, the number of working adults per household has doubled, and yet people lost the ability to buy a house, and afford a family or college.

    Why are we not 8x richer, in real (inflation-adjusted) measures?

    The economy has not been doing well at all, for average people.