[Teacher317]

It's the fact that, even adjusting for inflation, those jobs don't pay nearly as well as they once did. Why? Illegal aliens in the workforce have driven down the cost of labor because they're simply willing to do the same job for less than a legal American citizen CAN do them.

First, it was nearly doubling the workforce within 2 decades, by the NOW gang convincing women that staying at home to raise children was somehow a "raw deal". THEN we started adding millions more from poorer nations... AND started allowing government to finance everything, which always causes prices to skyrocket (tuition, health insurance, etc).

[grey_whiskers]

Add to that revolving consumer credit (I've seen 72-month car loans; after World War 2, some home mortgages were 84 months).

Add to that generous cash and prizes for bored women divorcing their husband in the vain hope of reliving their slutty 20s, and generous welfare as a generational choice for kids getting pregnant at 16.

All inflationary (money going into the system but no product or service coming out).