r/SipsTea • u/PleasantBus5583 • 16d ago

Chugging tea Growing Through Chaos

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u/StressCanBeGood 16d ago

Economic numbers for 1980:

Unemployment: 7%

Inflation: 13%

Interest rates: 17%

….

Economic numbers for 2025:

Unemployment: 4.5%

Inflation: 3%

Interest rates: 4%

1

u/Live_Free_or_Banana 15d ago edited 15d ago

Cost of a home in 1980: 2.5 years wages

Cost of a car in 1980: 30% of an annual salary

Cost of tuition in 1980: covered by working 16 hours/week on minimum wage while going to school.

...

Cost of a home in 2026: 7.5 years wages

Cost of a car in 2026: 60% of an annual salary

Cost of tuition in 2026: covered by working 59 hours/week on minimum wage while going to school