alt Hacker NewsA lot of that cheap junk is clothing and food, which now both make up a much lower percentage of total income than they did 100 years ago.
A lot of that cheap junk is clothing and food, which now both make up a much lower percentage of total income than they did 100 years ago.
What's the point of being able to spend less on cheap junk if the surplus is eaten up and outspent by important things that inflated during that timespan?