this post was submitted on 01 Jun 2026
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Adjusted for inflation the average worker in the 80's and 90's made way more than 70k a yr. I made 60k in 2000, that's $120k today.
Yeah the fact that the wages are stagnating is another thing, I'm just saying from where me and most of the people of all ages in my life are standing, 70k is a lot.
Depends on the city you live in and your situation. Single in a small town 70k good. Family of 4 in the city and you wouldn't even qualify for a home loan and are probably in assistance.
70k is 3,5k/mo after taxes in my country. Doesnt really matter where you live with that you could be paying 2500 in rent and still be loaded for the month. Look all I'm saying is this O'Leary guy is a fucking prick and most people never see 70k in their lifetime
You say "loaded" but you wouldn't be able to pay for college without debt, wouldn't be able to buy a house, wouldn't be able to afford to retire, or save much, couldn't afford vacations, and couldn't even afford a new economy car.
That isn't loaded, that's being poor.
This is exactly what is expected to happen. People complaining/arguing but not complaining/arguing about the correct issue.
70k by everyone's standards other than the top 1% is a lot of money, because we have always had to focus on surviving and can make that amount work. Life isnt going to be roses, but it will be life. It really does come down to buying power, but also priority. Back in the 70/80s buying tech (tvs, computers) was insanely expensive. Now you can pick up a 65in for like 200usd. Back in the 90s a new car was under 10k. Now a decent car bought new is 35/40k. Housing....I am not even going to touch it. I bought a 5 bedroom 2400sq ft for 89k in PA in the early 2000s, now that house on zillow is 350k. I only had it a year and I sold it for 85k after closing and everything. Prices for things have flipped for a lot of items that used to be luxury compared to necessity. That's how we can afford avocado toast because we can only afford eggs/bread/ and a single avocado.
I dont want to start a 2nd argument, and I am not confident I am getting my point across. I just feel all that are here arguing should not be arguing amongst ourselves since we are essentially in the same boat amd should be putting our efforts at the real issue.