Come now, heyhey. You're a nice person and I'm not going to troll hammer you too.
1. You can't separate your objective measure of real DPI from the concept of improved living standards? BTW, we know that measure is not reflective of reality for several reasons like health care benefits being excluded. For some reason we don't put any value on living 33% longer and having to pay for it...
2. You misunderstood the women in workforce angle. Wealth allowed them to leave the houses, and yes, increasing labor participation rate was a nice driver for wealth creation. You are correct. But wait, I thought you were just claiming we haven't created any wealth and living standards have gone down hill???
3. Your survey asking 1010 participants if they work more or less is like asking people if they think gas prices are outrageous. Neither mean anything.
I have a boner for franklin. Most objective person I've ever listened to on any of these issues and very very knowledgeable to boot.
I've really backed off trying to spout off on economic stuff because I hate listening to ignorant people talk like they're know what they're saying...and I figure most other people do too.
Following up on that thought and envy in human nature, there are a bunch of fun economic studies out similar to the following:
The moderator has a pool of $100 to give out (no strings attached). There are two participants who will split the money. Participant A is given $10, which means that Participant B gets $90. Participant A is then given the choice to either 1) keep what was given to him, OR 2) forfeit his $10 if it also means that Participant B is required to forfeit his $90.
Logic would dictate that everyone should go with option 1. Results are -- I won't say "surprising".
Variation on https://en.wikipedia.org/wiki/Ultimatum_game
3. I simply cannot agree with you on the leisure time thing. I grew up in a household with a one working parent and most my friends did too.(both of my parents are working now) I know few people who have the luxury to maintain a single breadwinner household these days. Just eight years ago I made less money and had an easier time affording the things my family needs. I would still like to see a link to the study your referencing by the way.
Another thoroughly debunked myth. Class mobility in America is alive and well.
I think that depends on which class. It's probably easier in America to more from the second-highest quintile to the highest than in many Western European countries. In most places in America, it's much harder to move out of the lowest quintile than in those countries.
Postal Service cutting hundreds of locations, and cutting services that we have been used to all our lives.
Opinion or fact based?
I think that depends on which class. It's probably easier in America to more from the second-highest quintile to the highest than in many Western European countries. In most places in America, it's much harder to move out of the lowest quintile than in those countries.