Quote:
Originally Posted by will76
That is the most whacked stats I have ever heard. Those claims are total shit. They claim nothing except that with new technology the price gets a lot cheaper over time. How much was the first microwave in 1971, how much do they cost now? I can get 1 for $29 from walmart. Same thing for DVD players, and everythng else.
In 1971 1% of homes had a microwave lmao... because there was probably only a couple thousand made at the time. I remember getting a microwave in the early 80s and most people I know didn't have them then.
All of the "shit" color tv, microwave, dvd player, etc... was very expensive when it came out and hard to get, YEARS later it is dirt cheap. That is why everyone has one now, because they are extremely cheap today, non that we were in poverty years back but not now.
Why not say only 1% of the people had cell phones in 1980, look today 86% of people have cell phones, blah no such thing as poverty. In 2000 only 2% of the people have flat screen tvs, and today 65% have them... why? because the same flat screen that cost 8K in 2000 now cost about $500. nothing to do with poverty, just how technology is as expensive as shit when it first comes out.
too funny. the way people grab stats and try to twist it to their agenda.
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I think he was viewing "wealth" not as financial wealth, but more of a "quality of life" wealth... so even though the "poor" may not earn as much, they are actually wealthier in "quality of life" sense...