"Is America’s Middle Class Really Stagnating?" - Granite Grok

“Is America’s Middle Class Really Stagnating?”

Numbers are nice but WHICH numbers?  And what, exactly, are you measuring?

The other thing is in comparing way back to now is the kinds of items that are bought.  I remember that just buying a computer terminal as a DIY kit for not a lot more money than what a lot of Walmart computers cost now means NOW has a much higher quality / power to than back then. Ditto cars – much higher quality and a lot more features (albeit, the absolute cost is more now – thanks inflation!).  That, however, I bet will be in another video.

(H/T: Cafe Hayek)