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The Great American Decline: From 5 Years to Buy a House to 10
Manage episode 488565817 series 3671676
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Your dad bought a house with 5 years of work. You need 10. Healthcare took 2 weeks of wages in 1950. Now it's 4 months. This isn't progress - it's decline.
In this eye-opening episode, Corbin Trent exposes the biggest economic lie we've been told: that each generation is better off than the last. Using his "Years of Work" metric, he strips away the statistical tricks economists use to hide our declining standard of living.
Discover why a single income in the 1950s could support a family, house, car, and comfortable life - while today two incomes barely keep families afloat. Learn how "hedonic adjustments" make economists claim you're richer because your car has airbags, even though it costs twice as much work to buy.
From his uncle who bagged groceries and owned a Camaro to his papaw who went from sharecropper to homeowner, Corbin shares real stories that expose the American Dream's collapse.
#EconomicReality #YearsOfWork #CostOfLiving #WageStagnation #AmericanDecline #EconomicTruth #MiddleClassCrisis #GenerationalWealth #HousingCrisis #HealthcareCosts #RealWages #EconomicPodcast #FinancialTruth #NAFTAImpact #WorkingClass
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