alt Hacker News> exception to this, of course, is if the goods and services cost more, and for things that you need to exist in American society
Which is why these figures have been inflation adjusted.
> lots of wealth is held in the casin... er... stock markets
Pretty sure Boomers hold more stocks than Millenials. This is an argument for Millenials being even better off than the statistics show.
> People are having to compromise the "stability" of their fundamental needs (like housing) in order to grow more abstract definitions of wealth
Yes. But that doesn't broadly describe Millenials, and it describes more people in older generations when they were present Millenials' ages.
You're trying to argue against facts with philosophy.
> You're trying to argue against facts with philosophy.
It is a fact that wages have remained stagnant for four decades.
It's also a fact that the wealth gap is growing between rich and poor, and that's what's distorting the figures you're citing. That's the only way, mathematically, you see wages remain flat while seeing wealth rise.
Look deeper at your facts, instead of letting them be tainted by your philosophy.