The buying power of a programmer in the 90s was much, much higher than an average programmer today.
The buying power of a programmer in the 90s was much, much higher than an average programmer today.
It was not. Programmers were not buying Porches and living in luxury neighborhoods or retiring early.
Watch Office Space. Being a programmer was a low status, averagely paying job.
Was life better back in the 90s for the average programmer? Maybe? Housing was certainly cheaper, I'll give you that. But for exceptional engineers was it better?
Did programmers show up to work to have a barista make them a gourmet coffee, have catered lunches, free massages, all the meanwhile getting paid hundreds of thousands of dollars extra per year in RSUs? I don't think so.
There's no way an exceptional engineer had a better quality of life in the 90s than they would today. There was no FAANG, no deca-corns, no big tech giving near as many perks and comp. It just wasn't comparable.
Do you feel better now? Will you admit the economy is bad, and has been getting worse for 50 years straight for absolutely everyone (except the most exceptional engineers)?
What is the point you are arguing?
That it is way better to be working at Nvidia, Google, or Apple today than it would have been working for IBM, HP, or even Microsoft 30 years ago.
That changed in the last 20 years for the better. People who had the work ethic and aptitude to become medical doctors or lawyers or management consultants no longer had to sacrifice compensation if they loved tech.
This is notable and worth calling out, and pointing out it wasn't always like this.
I could buy half of a house, right now, cash. I don't, because the moment I do, I'll be forced to sell/move/whatever. Again. Where I am [for work] and where I want to be are forever at odds. Leaders have found it fashionable to bundle us all together. Spin the wheel and see if we hit RTO, let's bid against each other [again].
All to say, I'd give half my salary to never negotiate it or my location, again. Clearly not an option, so what to do? Endure and save. You won't see me buying toys or status symbols, that's for sure. At Will employment, meet At Will spending.