What's Steve's job suppose to be? A bank executive? :)
He has a nice house with a lawn, a car (or two), bunch of kids and a homemaker wife and he supports all these people and has all those things with his one paycheck? Wow...
Not for less than $100,000 in any place you would like to live in (I'm pretty sure you can get big foreclosed houses for under 10K in Detroit these days).
Dude was making at least 70K, and that was back in the 80's. Today you simply cannot raise 4 kids on less than 100K unless you live like a Menonite (no tv, internet, fresh daily underwear, etc) or as a cheap bastard (living off coupons and buying clothes/toys at thrift stores) and live in say Louisiana or Texas or someplace dirt cheap (good luck getting a 100K job there).
I lived in Richmond BC recently and could barely scrape by with +70K raising ONE kid and a housewife (all our money goes in rent and groceries, we cannot even afford clothes). Would never be able to afford more kids that way.
If you know of 100K jobs in affordable places short of drug-ravaged battlefields (Detroit, east LA), by all means tell us.
You couldnt now, but back then sure.
Inflation has robbed us of our wealth.
Im 35. My parents came here with less and accomplished more. The value of the dollar has dropped 95% in the last 100 years thanks to the federal reserve, central banking etc. I make more an hour than my dad ever did and I can barely afford my own apartment. He bought two houses.
this is not normal.. it is avoidable, but the average joe has no idea how monetary policy works or where money comes from. They think inflation is normal.
Unless youre responding to me, dont hit reply to my post
I <3 Emily Blunt
I see. I guess you could say then that inflation ate up the American dream...
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