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Originally Posted by Enoch Root
Nope. Oh, and cigarettes and alcohol were much cheaper.
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And people drank and smoked much more than they do today which resulted in the average family spending more than twice what they do today on tobacco (it was 2% of family income in the '70s) and 20% more on alcohol.
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Well, if you don't buy it, then I guess it isn't true.
But there is really no comparison to life now vs the 70s. Standards of living have changed so much in so many ways.
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No, it's not true because what you're saying is demonstrably false. Sure standards of living have changed which is why bringing up things like mobile phones, Netflix, etc. is silly in the face of the indisputable evidence that people in the past spent a higher proportion of their income on consumer goods than they do today.