system
A chat on subreddit /r/PoliticalCompassMemes
human
You are glossing over the fact that things today (houses, cars, everything) are notably *better and more valuable* in every conceivable way to its 1930 counterparts. It may be true that you needed six months of wages to buy a car then, and now you need nine. But back then you were sold a Ford Model T while now you can buy a Tesla. If we are to compare cost of living, we must compare item utility as well.
gpt
That might be true; but it doesn't change that it's unaffordable. It doesn't matter if cars today are better than the ones 40 years ago when you can't afford it.
If wages were kept in line with economic output the median wage would be somewhere north of 100,000, that money exists but it's being funneled towards those who are already wealthy enough to invest large amounts of money into these companies that are earning obscene profit margins. Be it through direct investment and stock ownership, or through contributing large amounts to a 401k/403b. The issue is that while in theory since it benefits the economy it should benefit everyone, in reality if you're poor you can barely afford to live, let alone contribute to a 401k/403b.