A Quick Undressing of Another Myth

Another talking point that the hard left likes to throw around is the one about the cost of living going up. They're constantly saying it and the clear implication here is that the middle-class is falling further and further behind. Yeah, well, guess what, this one is even more BS than the one about the poor are getting poorer.......................................................................................Please, follow me. In 1973, the average hourly wage was $4.12 an hour and, because of that, it took 75.2 hours to earn an average dishwasher ($310), 70.4 hours to earn an average stove ($290), 6.1 hours to earn an average toaster ($25), and 89.8 hours to earn an average refrigerator ($370). Compare that to 2009 when the average wage was $18.72 an hour and these very same items took only 30.4 , 34.7, 1.6, and 22.7 hours respectively to earn ($570, $650, $30, and $425). People are MUCH better off than they were 40 years ago and this doesn't even take into account the huge increases in quality, efficiency, and variety. People really need to stop their whining, I think.