This is why we the millennials and more importantly gen z must vote and actively and loudly participate in the political process.
Right now, the government is preventing wages from going up in a (futile) attempt to keep prices low for retirees and soon to be retirees who are on fixed income.
This is NOT what we want.
We want wages to go up as corporate profits go up.
I want prices to come down, I want affordability to go up . Who cares if wages go up and prices go up even faster.
The question is not what is the price of a house, but how many hours does a median wage worker need to work to afford their house, their car, their utilities, education, healthcare e.t.c
US is slowly becoming a zero sum game as the growth shrinks to ~1%. We need to increase the pie.
Right now, the government is preventing wages from going up in a (futile) attempt to keep prices low for retirees and soon to be retirees who are on fixed income. This is NOT what we want. We want wages to go up as corporate profits go up.