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One issue: 1973 wages are in today's dollars, the other values aren't. In 2022 dollars, those 1973 numbers would be (roughly) Home value: $215,000 Rent: $700 Tuition: $1000 Calculated using usinflationcalculator.com/ @GunnelsWarren/1563616981793640448On twitter.com
AaronGustafson
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To be clear: The point remains. Wages have not kept up with inflation. Also worth considering: in 1983, just four years later, over 20% of US workers were in a union. It's just north of 10% right now.Permalink On twitter.com