See! You’re not THAT poor. Just give it another few decades!
Is this the beginning of the framing of “Look how good you have it. You don’t need to murder CEOs.”?
It was already happening. Plenty of people were insulting those complaining about the cost of living, saying things like “What do you mean? The economy is doing fine.” In Canada the finance minister called it a “vibecession”, implying it was all in our heads.
All these people are talking about asset prices while we talk about the cost of living.
When we think cost of living we mostly think about rent and cost of food. The rich don’t pay rent and food is a tiny fraction of their budget, so obviously they don’t complain.
Yeah, because their parents are dying and leaving their kids an inheritance.
Generational wealth is a huge cancer on the system that isn’t talked about enough. You can’t fix wealth inequality with nepo-babies running around.
I’m not going to pretend I didn’t get an inheritance when my dad died. I got a little run down house in a farm town and the balance of a workers comp settlement. There’s a big difference between that and people inheriting enough that they never have to work a day in their lives.
No it isn’t the same, but it is something. I’d sleep a lot better knowing I at least had a run down farmhouse on the way instead of working until I die to pay the rent.
The irony is that I only got that house because my parents divorced and I only got money because my dad was injured badly at work. His bad fortune was my good fortune. I would give it up in a heartbeat if it meant he didn’t have to go through that pain.