The GDP per capita of the US is 85,373 USD
The median income is 37,585 USD.
The price of a ps5 is 499.99 USD
37,585/12 = 3132.08 USD
A ps5 costs 15.9% of the Median Americans monthly income and is a once in 7 years purchase.
The iphone 15 pro max costs 1,199 USD
That's 38.28% of an American's median monthly income. An Iphone's lifespan is 4 years.
The average home price in the US is 495,100 USD
That's 13.17 times more than the median income of the average American today. The average American can obviously not afford to buy a home today.
The average hospital stay in the US costs 13,262 USD.
That is high enough to take away from a large chunk of the years savings for the average American.
The average food cost for an American is 779 USD. He can obviously afford the food.
The average rental cost is 1,518 per month. Again affordable.
It appears pretty clear that the average American can afford everything except for being able to buy a house and getting medical care.
So are things really as bad in the US as the average American complains?
Because it seems like the only two things actually worth complaining when it comes to pricing are a house to own and a good hospital stay.
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Zoomers are doing the best financially of any generation at this point in their life according to the Science
https://economistwritingeveryday.com/2024/01/24/young-people-have-a-lot-more-wealth-than-we-thought/
The powers that be release a Survey of Consumer Finances that you can look at
https://www.federalreserve.gov/econres/scfindex.htm
Always remember that 90% of posts come from 10% of people on social media and those that perceive themselves to be downwardly mobile will be part of that 10% on financial posts.
Zoomers are less likely to own a home, in America it's customary to move out at 18 which is uncommon now, and owning a home or getting an apartment is the most important metric of wealth in the US. Young people in the US have college debt which makes them more likely to see themselves as downwardly mobile and in dire financial straits when most of them will pay that debt back and make bank with the increased earnings from a college degree.
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The internet also made it where Zoomers and Millennials compare their lifestyle to an amalgamation of a ton of people who worked for decades to get what they got and a few people who got supremely lucky whereas earlier generations pretty much only had their family, neighbors and peers to compare to. It seems like the additional noise makes them way less likely to consider any nuance or mitigating factors and you get this fricked situation where they often think they should be entitled to the benefits of every lifestyle they see rather than creating a budget and finding a lifestyle they can afford and enjoy.
Like they'll see some dude party hard every weekend and want that, they'll see some chick go on crazy vacations and want that, they'll see some dude with a car they like and want that, and they'll see some retired woman with a lovely home with beautiful landscaping and decorations and want that too. They don't even consider that Dave the alcoholic has literally never had a vacation in his entire adult life because he needs his time off for hangover days and lives in a trailer. They don't think about how Emily lives with her parents and works 10 months of the year at shitty dead end retail jobs to be able to afford her two month longs South America month long excursions. They don't care that Jim's Audi payment is like a quarter of his income and his monthly discretionary spending/entertainment/eating out budget is just like $100 and unexpected spending would begin spiraling him into debt. And they never factor in the decades and decades of work that the retired woman and her husband put into acquiring everything in their home and the likely hundreds if not thousands of hours they spent over those decades to make the landscape what it is.
They legit want to have the lifestyle of wealthy retired boomers right after they get their first paycheck and they're incensed that they don't get it.
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Look at this guy who doesn't know the difference between equity and equality
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Ma'am we've been over this before. You need to stop.
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That sounds fascinating. Thank you! This is the kind of answer I was looking for!
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you forget the 500% tip on doing anything (restaurant, using self checkout, anyone being nice to you)
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No, social media and modern Godlessness have just made everyone extremely materialistic. The culture is in rapid moral decay and there's a lack of communal infrastructure to support child rearing if you're working poor (above gibs). But online most of the people complaining aren't even trying to have kids, they just want money to fund tourism and overpriced restaurants.
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Are blacks or jews to blame for this?
Also is it not strange that the two groups of people constantly blamed for ruining America are the polar opposites of each other?
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The only ones we have to blame are ourselves. Scapegoating immigrants/minorities is birdbrained.
Yes it's better to not live around inner city BIPOCs but they have absolutely nothing to do with most modern problems.
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based
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The average American isn't buying a house or staying in a hospital yearly.
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They would still have to save for their entire life to be able to have their own house. A decade of savings for the hospital bill easily.
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nobody saves to buy a house just get a loan
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Loans have to be paid back across a lifetime.
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so? without a loan you're paying the same amount as rent so what
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Maybe both are too expensive
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yeah but i'm a multi trillionaire so i don't have to worry about it
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have s*x with me and i'll give you 10,000 dollars
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I'll meet you half way and charge you 10k dramacoin for thinking of it
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Wrong
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for the first 5 minutes maybe
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How?
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Housing is the main issue. Plus you need to factor in transportation costs (car prices are still r-slurred).
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"Politics is war without bloodshed while war is politics with bloodshed."
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