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/biz/ - Business & Finance


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File: 93 KB, 1073x778, houseprices.png [View same] [iqdb] [saucenao] [google]
53427399 No.53427399 [Reply] [Original]

in 1971 the minimum wage was 1.60
> avg cost of a house was 26k
in 2023 average house cost 350k
> our minimum wage is 7.50 on average nationwide for most states

we would need to have at minimum 22 dollar an hour minimum wage just to be at the boomer standard. Fuck this goddamn ponzi scheme, this game is fucking rigged. they day boomers have no more power is the day we will be free

>> No.53427418
File: 45 KB, 1268x1168, S&P 500 as of Jan 21st 2023.png [View same] [iqdb] [saucenao] [google]
53427418

>>53427399
>Either we crash the economy, or
>or
>either
Imagine being that naive.

>> No.53427426

How about we crash the wages and raise the economy

>> No.53427457

>>53427399
>the day boomers have no more power is the day we will be free
By the time the boomers don't have power (i.e. them dying because they'll never give it up) the immigrants they imported will continue to inflate housing prices. A lot of difficulty comes from how the boomers charged their own children rent instead of building generational wealth.

>>53427426
I like this guy's thinking, give him a promotion.

>> No.53427658

>>53427457
maybe at this point just hope for WW3?

>> No.53427692
File: 72 KB, 528x680, banana.jpg [View same] [iqdb] [saucenao] [google]
53427692

>>53427418
prepare to crash upwards as printer go brrrrr and we attempt to reach a "debt free USA"

>> No.53427695
File: 1.25 MB, 1265x601, migrant fox drone.png [View same] [iqdb] [saucenao] [google]
53427695

>>53427692
what could possibly be depressing wages?

>> No.53427705

>>53427399
>Australia
Kek, imagine having a whole continent for yourself, but housing prices rise the strongest.

>> No.53427815
File: 2 KB, 452x467, 1672319144622.png [View same] [iqdb] [saucenao] [google]
53427815

>>53427695
What could be causing your picrel situaiton though?