There is a lot of dumb Twitter debate about whether kids these days have it better off than any earlier generation. The significant difference is that in the 1960's an American could count on their kids having a better life than their own, while this no longer holds today.
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People will put up with almost any amount of suffering and hardship if they know they are building a better life for their children and grandchildren. Conversely, living in a society where their kids and grandkids may be worse off is incredibly destabilizing. People need hope.
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Right now, we have life expectancy declining for three consecutive years, the first time that happened in America since the Spanish Flu. Housing, health and education are getting less affordable. And people are staring down the barrel of climate change. That's the crisis we face.
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It is perfectly consistent for things to be better than they ever were in the past by many objective measures, and for people to feel pessimistic and anxious, because the chance of upward mobility that is a prerequisite to social cohesion in a democracy really is gone.
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A society where you grow up worse off than your parents, and know that your kids will be worse off than you, is the toxic mirror image of the American Dream.
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I attribute this all to lack of a sound math education. It's about the derivatives, not the value of the function.https://twitter.com/RadioFreeTom/status/1230877836279414786 …
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Amusingly if you click through there’s an update that actually things have stagnated since 2010pic.twitter.com/8Vl5NnrUOt
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2011 Flooding in Thailand led to shortages and increased prices. When production returned to normal, HDD manufactures just … didn't lower prices for a few years.https://www.zdnet.com/article/thailand-floods-to-lead-to-hard-drive-shortages-for-months/ …
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