The iPhone was launched in 2007. Is it a coincidence?https://twitter.com/zerohedge/status/1045369273474932736 …
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You would, except that continued underemployment and wage stagnation maintain a class of people who have a hard time making housing work
My first "housing" was one room with no window and a shared bathroom down the hall. So I worked very hard to change that situation. My hypothesis is that smartphones plus living with parents is such a good deal compared to hard work that it's demotivating.
Now look at real wages over that period
That's the trigger. Now we can observe whether improvements in those metrics causes the change you would predict. I predict couch lock.
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