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It's often lost on us how much more you can buy for a dollar today vs. 40 years ago (when corrected for inflation).

Excluding healthcare and higher education, unfortunately.

Probably also housing.

But if you look at healthcare you simply couldn't buy an insurance that offered 75% survival rate for cancer 40 years ago, today most insurances do..

I am not saying health insurance isn't too expensive and shouldn't be public. I'm saying product is better.

When corrected for inflation,I make 30% less than my father did right out of college.

And yet, you are having a conversation with a European who haven't had breakfast yet -- and it's costing you next to nothing :)

I'm not saying everything is fine and dandy. It's not.

I'm saying we often underestimate what we take for granted today, that wasn't possible 40 years ago.