- #71
gravenewworld
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Gokul43201 said:A higher inflation adjusted income than you would have had 50 years ago?
And looked at another way, I'm currently making less money than a person with a high school diploma in 1998 and far less than individuals with Bachelor's degrees (see table P-20):
http://www.census.gov/hhes/www/income/data/historical/people/index.html
A salary that allows two-thirds of all households to own a house, start a family, and put children through college?
This makes critical and flawed assumptions, like the assumption that one is able to hold a job for a long period of time. Why would I ever own or even try to buy a house if I expect to get laid off every 3-5 years and need to move around easily to find a new job? Who would ever want to start a family and raise a child like this? No one collects data on things like length of held employment. All we have to go on is anecdotal evidence. I know absolutley no one in the 22-40 age group that has held a job in the chemical industry for longer than 8-10 years at the same company. Again, what's the point of owning a house if you'll never live in the same area for a long period of time? I expect my current glassware cleaning gig to get shipped overseas in about 2-5 years. My previous job only lasted 4 years.
It's a shame this got moved to politics. This was originally posted in chemistry, was targeted to the chemistry audience only, and was meant for chemists to discuss the future of their profession.
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