Player2 said:
Kasz216 said:
Player2 said:
The problem isn't the finiteness of wealth. The question is if they are going to let us put our hands on some.
30 years ago one member of a family with an average job (the father), was able to earn enough money for a house, a car, 2-3 kids. Now both parents have a job. With 2x income we should be living like kings, with two houses and driving BMW's, right?..... but it didn't happen. In fact, it's the opposite.
Possible answers:
a) This happened for no reason at all.
b) Some people did it on purpose to get even richer.
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I'd say the problem is more C
C) Your perception is off. Both parents having jobs isn't the norm... and usually when both parents do work, the second parent doesn't have a full time job. Additionally most people actually do own their
Furthermore, your discounting the MANY number of advancements in stuff and increased wealth that didn't exist 30 years ago that people have now... and only comparing things that existed then.
30 years ago you had one TV. Now a days most people have muliple TVs, Cellphones, Computers, videogames... people just own WAY more stuff now a days then they did back then. People now a days do live like kings compaired to 30 years ago.
The problem is... a lot of stuff that 30 years ago would be seen as amazing luxuaries, people take for granted. Heck, 30 years ago most people didn't have air conditioning. Heck I remember when I was young having central air was a status symbol... and I'm 30.
It's all in the little stuff people buy a LOT more little stuff now a days... and for a lot of people, the little stuff is seen as essential.
Of course then again that is America. You live in Spain, so your mileage may very.
Spain being a much more mismanaged country then the USA.
Though if your not like 40 or older, i'd consider asking your parents... "How much more stuff do people own now compaired to back then."
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Watched the figures for the labor force in the USA... only ~65% of the people that are in working age have a job/are searching for one? That would be impossible in here, over 60% of spanish workers earns less than 1100 euros, while the minimum wage in France is 1425 euros. And the prices are nearly the same.
Years ago people spend their money in different stuff. How many radios do you own now? And how many times have you used the regular mail service? People buy less music, books, go less to the cinema...
Now we own more TV's than before, but a bigger factor is the decrease in reliability. And given the questionable tactics we know they use to increase profits, I'm not going to believe in their honesty (Extrapolate to all electronical devices).
Then there's the price of the house (again much, much worse in Spain).
Some of the Spanish mismanagement is on purpose to benefit those that are rich or powerful...
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People didn't own that many radios back then. Also, compaired to 1982... people spend less on some of those products, not all, and get way more for it.
To put it in graph form...

Don't want to argue about Spain, since Spain does seem like a pretty messed up country and has for about a decade and a half, but in the USA, what your saying really isn't the case. Additionally, it's hard to blame the situation on free market capitalism, when the real issues seem to specifically be caused by bad government policy, including stupid regulations which tend to favor the rich/companies.
What you usually find is, that when a politician decides to "Go after" one group or another, what they really end up doing is writing laws that actually benefit them. Like Dodd Frank, which will drive smaller banks out of buisness leading the big "too big to fail" banks, Bigger.