this post was submitted on 03 Nov 2024
30 points (87.5% liked)
A Boring Dystopia
9748 readers
354 users here now
Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Briefly mentions debt and rent.
No numbers though.
Rent/Housing Costs are 420% (up 320%) of what they were in 1982, assuming you live in or near a city, you know, where jobs are.
Wages are 120% (up 20%) what they were in 1982.
https://fred.stlouisfed.org/graph/?g=1raP7
Also, debt levels continue to skyrocket with approximately a third of Americans having a negative net worth.
https://www.creditkarma.com/about/commentary/americans-have-a-net-worth-problem-and-its-not-positive
But of course the article doesn't want to get too specific.
If the goal is having less Americans living paycheck to paycheck, the solution is crash the housing market and also consumer (credit card) debt relief.
Until then, the ~~beatings~~ growing class divide will continue until morale improves.