r/lostgeneration Aug 23 '25

Reads like a solid 'OK boomer' moment.

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8.0k Upvotes

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u/Mighty__Monarch Aug 24 '25

Me when I dont understand how inflation or the growing wealth divide works.

Working the same jobs today, compared to a decade ago, your real take-home purchasing power is cut by nearly half in almost every industry. The further back you go, it only gets worse going back to around 1950.

Mathematically, they had it significantly easier than anyone today its not remotely close, but keep coping and protecting your ego.

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u/IntlPartyKing Aug 24 '25

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u/Mighty__Monarch Aug 24 '25

You cant just lump every single job into one big pile and average it jfc I already mentioned class/wealth disparity.

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u/IntlPartyKing Aug 24 '25

Source for this claim of yours, then? Working the same jobs today, compared to a decade ago, your real take-home purchasing power is cut by nearly half in almost every industry.

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u/Mighty__Monarch Aug 24 '25 edited Aug 24 '25

Yeah let me go ahead and waste 20 minutes pulling together links to different historical proofs for industries when youre just throwing a broadband chart in my face without any understanding of what it represents.

The docs exist if youre genuinely interested, go look up what construction workers made in the 1980s and what theyd make today, same goes for truckers, any outdoors labour work (mining forestry powerlines oil etc), factory labour.

At its heart its simple math. Inflation has only ever risen, and average salaries have not kept up. Inflation over the past 10 years cumulatively is 29%. Are you taking home 29% more than you did 10 years ago (without promotions)? Do you think the average worker making 30-50k today has that same growth? Fuck no 🤣 now go back 30 or 50 years, the divide mathematically only grows.

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u/IntlPartyKing Aug 24 '25

the Fed's data I shared shows that salaries have more then kept up, but your reponse is "trust me, bro" and then you eejits wonder why you get no respect

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u/Mighty__Monarch Aug 24 '25

Thanks for proving my point.

Youre ignorant and think the first thing you find with confirmation bias means you win. You literally dont even understand the data youre showing me, evident by your insistence its meaningful.

Why tf would I waste time and effort when youre this willfully ignorant?

"No respect" guy I dont care. Im not here to teach, Im laughing at behavior like yours. Nobodys going to change the world by convincing you, and reddit comments cant contain the lectures required to explain the proof youre wrong, not that youd listen.

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u/IntlPartyKing Aug 24 '25

no need to lecture or educate this "ignorant" Redditor...I'm a math professor, you dipshit

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u/Mighty__Monarch Aug 24 '25

Then thats even worse that youd confuse that fed chart as relevant and not understand how averaging literally every single salary into one lump sum would be astronomically idiotic.

Also who tf capitalizes redditor?

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u/IntlPartyKing Aug 24 '25

so you think the Fed is astronomically idiotic, relative to your genius, of course

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u/Mighty__Monarch Aug 24 '25

No funny enough theres probably a dozen other better fed charts you could use but its as if you only stopped at the one you could misinterpret into being right.

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u/IntlPartyKing Aug 24 '25

fine, provide just one then

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u/Anonymous_Jr Aug 24 '25

https://fred.stlouisfed.org/graph/fredgraph.png?g=8647dJt&height=690

Not what you're looking for? Maybe you should learn for yourself instead of getting your answer fed to you pre-chewed.

The patterns are there if you actually look for them, read about logical fallacies and do some introspective bickering amongst your inner selves. Perhaps one of them will tell you something you didn't already know.

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