1,627 karma · joined January 31, 2011
All I am saying is that the market responded to our collective preferences for airlines to compete on cost -- and we benefited from this in some ways because costs have fallen over time. It's likely that the $50 you might pay for economy plus would put you even on real terms with tickets/legroom from 10-20 years ago.
I also don't believe there was a historical glory day of air travel. It used to be far more expensive, with far fewer routes. International travel was MUCH more expensive, again with fewer routes. Fatal crashes were more frequent. We all used to complain about how bad airline food was...then they took it away and we complained about that too.
There are market-based products that would address many of your concerns if you are willing to pay. Prefer a larger seat or priority boarding? Try economy plus, which will also decrease the likelihood of sitting next to a baby and may get you more attentive service. The reality though is that collectively we prefer lower prices and choose flights almost exclusively by this metric, but then gripe about all the ways air travel could be better.
One study on the cost of airfare over time: https://www.aei.org/publication/the-cost-of-air-travel-in-th...
Also so happy to see that "You Got Me" by The Roots got 6 million streams in 2014. That is the definition of a future timeless track.
One nitpick: "Iris" by Goo Goo Dolls was ineligible for the Billboard Hot 100 for a long time due to their rules that songs had to be sold as a "single" to be counted on that chart. It was #1 in terms of radio airplay for a huge chunk of 1998, so it's not really accurate to say it didn't chart highly at the time.
I'm trying to think of a better "X for Y" startup parody, but am failing.
Also let's keep in mind that we have yet to see all the effects of the unprecendented demographic experiment of the one-child policy. They will be dealing with an aging population on a scale never seen before.
Finally, the U.S. has a lot going for it when compared with its developed peers - growing population, attractive to immigrants, and a culture of entrepreneurialism and risk-taking (which Sam seems to think is in decline...not sure I see the same thing).
When China's elites stop wanting to send their children to U.S. universities and find ways to get their capital off the mainland, then I'll worry.
Perhaps this definition hasn't caught up with the increase in freelancing and self-employment. Underemployment, particularly among lower skilled workers, surely is an issue in the U.S. but Gallup's approach could be undercounting some newer types of "good" jobs.
And I'm not proposing banning guns, I'm challenging the commonly-held narrative that guns "keep us safe." The statistics are unequivocal that they do not.
And yet it's the specter of omnipresent crime that many Americans hold up as the reason we need guns to keep us safe, ignoring all the statistics that show overall gun deaths and gun suicides are far higher in the U.S. than any other developed country.
Then there are the transaction and opportunity costs associated with buying...locking up a down payment, closing costs, broker costs. I'm sure I'll buy in the future when I'm at a different point lifewise, but for now renting works just fine.