this post was submitted on 02 Jul 2025
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You know the funny thing?
You can still buy appliances that last and have good service.
But you don't earn enough to afford them, like your parents did.
This is not the case. Washers used to be more expensive as a proportion of median income back then. According to this page a new Kenmore washer cost $289 in 1980. The median family income in 1980 was $21,023, so a new washer would cost 1.37% of a family's annual income. Compare to now, where the median household income is $83,150. As a proportion of median income, a $289 washer in 1980 would cost about $1500 today, which is about what a durable, well made washer with a 7 year warranty costs. Manufactured goods were largely more expensive compared to wages in the past.
That is very nice of you, looking up the numbers stating exactly what i said. thanks.
No. I am saying that these well made appliances are just as affordable today as they were back then, but most people want the cheaply made alternatives, and manufactured goods were generally less affordable back then than they are now. People generally just had less stuff in the past, and paid more for it. You simply couldn't buy a new washer for the same fraction of your income as the cheap ones today. A lot of things are worse for us economically than for our parents but this simply isn't one of them.
I understood that. the point you don't understand is that people today HAVE LESS MONEY than their parents.
Do you know what median means?