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California is a sorry excuse for a state
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<blockquote data-quote="dmac1" data-source="post: 3283162" data-attributes="member: 60252"><p>You are one mixed up man. </p><p></p><p>First you claim that the 80s were nirvana, and now you say they were only bad because of Carter a decade earlier. It would be funny if it wasn't so sad about your condition. You have fox syndrome, needing to say the exact opposite of what you said minutes ago which only works for those with very short term memories. </p><p></p><p>PS- housing costs INCLUDE the cost of financing. Only if you ignore that could you EVER claim that housing costs were affordable in the 80s. Yes, home prices rose slowly, because no one could afford the cost of a mortgage. </p><p></p><p>Here's a link showing how precisely in the 1980s, income growth moved very dramatically to the top 20% of earners, and how the middle and low income have seen almost no income growth. Prior to that, almost all the income growth went to the lower end of the scale.</p><p></p><p><a href="https://www.nytimes.com/interactive/2017/08/07/opinion/leonhardt-income-inequality.html" target="_blank">Our Broken Economy, in One Simple Chart</a></p></blockquote><p></p>
[QUOTE="dmac1, post: 3283162, member: 60252"] You are one mixed up man. First you claim that the 80s were nirvana, and now you say they were only bad because of Carter a decade earlier. It would be funny if it wasn't so sad about your condition. You have fox syndrome, needing to say the exact opposite of what you said minutes ago which only works for those with very short term memories. PS- housing costs INCLUDE the cost of financing. Only if you ignore that could you EVER claim that housing costs were affordable in the 80s. Yes, home prices rose slowly, because no one could afford the cost of a mortgage. Here's a link showing how precisely in the 1980s, income growth moved very dramatically to the top 20% of earners, and how the middle and low income have seen almost no income growth. Prior to that, almost all the income growth went to the lower end of the scale. [URL="https://www.nytimes.com/interactive/2017/08/07/opinion/leonhardt-income-inequality.html"]Our Broken Economy, in One Simple Chart[/URL] [/QUOTE]
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