I guess my dads not A typical boomer, he openly emits that times were much easier for him. As this quote from Bernie implies, after taking to account inflation and everything around living your life, we work much harder and get much less than our parents or grandparents did.
Regarding getting off the gold standard, sure that might have some effect, and I’m not a finance major so I don’t know all the details, but in the end, I think capitalists would have done whatever they needed to in order to suppress how much people make in compared to their productivity. Getting off of a standard was just the technique used at the time.
Try researching your masters degree in a Library using Microfiche. First reply here on Lemmy, just wanted to say “hello”
Can we keep the timestamp in when cropping a post from another website?
Image Transcription: Twitter Post
Bernie Sanders, @BernieSanders
The Boomer generation needed just 306 hours of minimum wage work to pay for four years of public college. Millennials need 4,459.
The economy today is rigged against working people and young people. This is what we are going to change.
^I’m a human volunteer transcribing posts in a format compatible with screen readers, for blind and visually impaired users!^
College prices went sky high when the government started backing student loans, they should have never done that.
Except the government has been backing student loans since the GI bill passed in 1944. College tuition started growing in the 80s and really took off on the 90s and 2000s. So of the government backed loans didn’t cause skyrocketing tuition for almost 2 generations, why did it start when millennials were just being born?