If you did the same job you do today 50 years ago, you’d get massively better pay for it. Real (inflation-adjusted) wages have declined in the last decades, especially if you compare with cost-of-living inflation.
It just means that the demand for human labor is diminishing.
The question is not what you do, but when.
If you did the same job you do today 50 years ago, you’d get massively better pay for it. Real (inflation-adjusted) wages have declined in the last decades, especially if you compare with cost-of-living inflation.
It just means that the demand for human labor is diminishing.
It’s funny that people view the middle class lifestyle as luxurious now but while living the lower class life style they call themselves middle class