← Back to context

Comment by saghm

22 minutes ago

If you ignore everything that happened in between 1903 and today, it might seem like we've never made any progress on this, but at least in the US wealth inequality was demonstrably not as much as an issue for some of the time in between. For a time in the 20th century, it was possible for someone solidly middle class in the US to be able to save up a bit of money and afford a down payment on a house within a decade of working. That's something we've lost to time now, and it's not because it's impossible to achieve or because of the bogeymen of DEI making the fruits of labor and technology too sparse to share with everyone, but because an increasingly large portion of the pie is going to an increasingly smaller set of people.

The delta between 1903 and today in this regard might be small, but the line between them isn't flat, and that makes it even more tragic and frustrating to have this questioned as if it's an impossible problem.