Income is not wealth. The crisis is caused by the inability for the median income here to build wealth. That people can’t separate the two is a large part of the problem.
As long as your saving is being eaten by asset inflation, no matter how fast you’re running, you’re still on a treadmill.
Babies are also free labor. They are just like the AI agents of today, parents had their children do a variety of things around the farm, instead of paying for tokens, they had to feed them, thats all.
As long as your saving is being eaten by asset inflation, no matter how fast you’re running, you’re still on a treadmill.