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If there is a systemic problem, it is almost certainly either living standards in the absolute or the rate of change of living standards.

Duh? 25 year olds today cannot afford the house their parents had at 25.




Boomer here: at 25, I was living in a group house with three other men. I strongly suspect that men of 25 working at dead-end white collar jobs can still afford to share a group house.

There seems to be a belief among some on HN that the prior generations went from college to law school to partnership track in a white-shoe law firm. Some did, and a knew a couple of them. Most of us didn't.


And insanely rich people somehow (not new .. but work with me) having access to control politics (and everyones lives globally) by just "buying in".


You say "duh", but the article disagrees. It is talking about inequality.




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