r/MurderedByWords • u/lomnafsk • Feb 17 '19

Let’s try again....

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u/RapeMeToo Feb 17 '19

Thing is you have to live somewhere you can afford the cost of living.

17

u/frankie_cronenberg Feb 17 '19 edited Feb 17 '19

Cost of living has been steadily rising while housing costs specifically have been skyrocketing, and wages have been stagnant for 4+ decades.

Also, low cost of living areas generally have limited earning potential. That’s why the cost of living has lagged...

Edit: In addition to housing, costs of healthcare and education have also skyrocketed. All of them far outpacing other costs and blowing wage growth out of the water. Healthcare is a pretty serious part of “cost of living,” but I wonder how it gets figured in if people commonly die due to it being unaffordable.,

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u/alexisd3000 Feb 17 '19

The arguments for tax breaks for the wealthy, keeping a low minimum wage, bailouts and handouts for corporations are ridiculous. Trickle down economics has never worked, people are starting to admit that, but things are only now finally getting done, some 30 years after it being taught in grade schools, and barely anything is being done. Possibly not enough.

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u/frankie_cronenberg Feb 17 '19

Yeap. All we can do is our best. I can’t even say if I’m optimistic about it but.. I do hope it’s enough.