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Comment by fasterik

1 day ago

It's not true that everything is more expensive. Nominal prices are higher, but incomes have risen faster than inflation. Purchasing power of the average person in 2026 is higher than it was in 2016.

As for things getting worse, I guess it depends on the domain. In hardware, things have gotten a lot better; my desktop computer is orders of magnitude more powerful than I would have expected 10 or 20 years ago. In software, I do see a lot of bloated software being written, but I don't feel that the software that I personally use has gotten worse.

Average, or median? Don’t know the answer offhand, but there are a small number of well-known people who are likely to skew the average quite a bit upward, given how much wealth they accumulated during and since covid

  • I was using "average person" in the informal sense. Median household income in the U.S., adjusted for inflation, has gone up 13% in the past decade.