Life isn’t always as simple as it used to be. Life can be expensive and it can be hard to keep up. We wanted to renovate our house gradually over the course of 5-10 years, but with prices continually going up it’s been difficult to stick to that plan. We’re now watching the quality of work going down as people are burnt out and working many jobs just to make ends meet.
When I was a kid, my dad could build whatever he wanted and the cost of materials wasn’t an issue. That same mentality still applies to me, but the cost of materials is simply too high. For example, chlorine tablets that used to cost $89 at Costco now cost $189.
It’s no wonder that corporate profit margins are at the highest they’ve been in 70 years. As an economist I heard on NPR said, the cost of living is skyrocketing and the cost of labor has gone down. It’s a worrying trend, and it’s making it harder and harder for the average person to live a comfortable life.
It’s disheartening to see the cost of living continually go up, while wages remain stagnant. We all want to have a comfortable life, but it can be hard to keep up with the rising prices. Unfortunately, it looks like things aren’t going to get any easier anytime soon.