General Discussion

seabeckind

(1,957 posts)

60. Excellent point.

Tue Aug 23, 2016, 10:07 AM

Aug 2016

As I tried to point out earlier in the thread where I posted the graph, the argument was that if we draw a straight line from 1970 to 2015, it looks awesome.

Even more awesomer if you pick 1993 to 2008. That was phenomenal.

But if the dates are 2000 to 2015, it's man the lifeboats time. As you point out, that is what most of the people are experiencing right now.

And then add in some of the other changes, like 1970 having a primarily single income family versus multiple incomes coming into play in the 1980s and the age doesn't seem quite so golden.

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64 replies

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Why can’t we see that we’re living in a golden age? [View all] Recursion Aug 2016 OP

Gilded Age -- Not golden. seabeckind Aug 2016 #1

Household income is an easily skewed measure, in both directions bhikkhu Aug 2016 #17

And it is all unsustainable! Dustlawyer Aug 2016 #2

Classic dishonest Capitalist nonsense. Odin2005 Aug 2016 #3

Why are you against people having clean water and getting out of extreme poverty? Recursion Aug 2016 #5

In Flint, of course. seabeckind Aug 2016 #6

In the real world. Odin2005 Aug 2016 #55

What's been the impact on the environment? FLPanhandle Aug 2016 #11

Economic development is the most effective contraceptive Recursion Aug 2016 #12

Worldwide fossil fuel use is increasing. hunter Aug 2016 #20

It's not an objective thing The2ndWheel Aug 2016 #13

But, it actually is an objective thing, whatever rich westerners think Recursion Aug 2016 #14

Easy to make it objective The2ndWheel Aug 2016 #15

"humans not dying for whatever reason isn't an objective good" Recursion Aug 2016 #45

The planet doesn't care if people live or die The2ndWheel Aug 2016 #58

"Income per household has increased by more than 30% since 1970..." 30% in 46 years averages Cal33 Aug 2016 #16

Median net compensation is a better way to look at it bhikkhu Aug 2016 #18

That makes zero sense (nt) Recursion Aug 2016 #21

People are pessimistic because they realize this can't last davidn3600 Aug 2016 #19

But to be fair, non-capitalist countries like Venezuela are also doing well. Nye Bevan Aug 2016 #22

. Recursion Aug 2016 #28

Come on. rug Aug 2016 #23

Yeah, I've read both Hegel and Marx. Both were wrong. Recursion Aug 2016 #30

Speaking of spiritual phenomenology, Norberg is describing crisis capitalism. rug Aug 2016 #33

Huh. Because wars are much, much, much, much less common today Recursion Aug 2016 #34

Why can’t you see that we’re living in a golden age? rug Aug 2016 #38

Well, so, Hegel was objectively wrong Recursion Aug 2016 #41

Penicillin and sewers do not cure capitalism. rug Aug 2016 #46

No, they cure cholera and typhoid. And capitalism pays for that. Recursion Aug 2016 #47

Yes, I enjoyed your posts From Mumbai. rug Aug 2016 #50

Requiem for the American Dream Go Vols Aug 2016 #24

"Widely regarded as the most important intellectual alive" Recursion Aug 2016 #25

What part of the Documentary did you find false? Go Vols Aug 2016 #51

Well, if he told you that, you know it's true. NuclearDem Aug 2016 #62

I can't argue with that logic... (nt) Recursion Aug 2016 #63

Written by a fellow at the Cato Institute. tenderfoot Aug 2016 #26

So critique his argument (nt) Recursion Aug 2016 #27

You're not supposed to link to right wing sources. tenderfoot Aug 2016 #29

Interesting Recursion Aug 2016 #31

Post removed Post removed Aug 2016 #32

So, again, no response Recursion Aug 2016 #36

No matter if one uses median income or average income or GDP, guillaumeb Aug 2016 #35

Except the median income doesn't get pushed up by the top 1% Recursion Aug 2016 #37

Assuming you read my response, I will defer to that response. guillaumeb Aug 2016 #40

Nope. Ideology is blinding you. The number of humans in extreme poverty Recursion Aug 2016 #42

"You're on the side of evil". WTF? DLevine Aug 2016 #54

Your leaps of logic are amazing. guillaumeb Aug 2016 #61

The Spectator-'a weekly British conservative magazine.' ---Wikipedia Kingofalldems Aug 2016 #39

So, no answer? Recursion Aug 2016 #43

Not to right wing sources. Kingofalldems Aug 2016 #44

I guess this is a golden age for the plutocrat that can buy whatever they want. Rex Aug 2016 #53

The middle class is shrinking. CentralMass Aug 2016 #48

So that says the middle class has shrunk because more people are upper income Recursion Aug 2016 #49

Probably because all the gold is in only a few places and its hoarders refuse to share Warpy Aug 2016 #52

From a global perspective ... yes. dawg Aug 2016 #56

They're way, way up since the 1970s. They're even up since the 1990s Recursion Aug 2016 #57

Most people don't have that long of a perspective. dawg Aug 2016 #59

Excellent point. seabeckind Aug 2016 #60

Since I make less in real dollars much less adjusting for inflation than I did 12 years ago TheKentuckian Aug 2016 #64

Dec 1969 #