Comment Comment by yummyfajitas Minimum wage is a silly thing to look at. In 1980, 10% of men and 22% of women earned min wage. In 2010, this fell to 5% and 7%.http://www.statista.com/statistics/185536/share-of-workers-p...Further, a look at hard data (for both the bottom 20% and the middle 20%) shows that people today are more likely to own a car than in 1981, and have more house per person than in 1989 (no data on square footage exists in 1981).http://www.aei.org/files/2011/10/25/Material-Well-Being-Poor...So no, it's not the economy. parent yummyfajitas 14 years ago
http://www.statista.com/statistics/185536/share-of-workers-p...
Further, a look at hard data (for both the bottom 20% and the middle 20%) shows that people today are more likely to own a car than in 1981, and have more house per person than in 1989 (no data on square footage exists in 1981).
http://www.aei.org/files/2011/10/25/Material-Well-Being-Poor...
So no, it's not the economy.