There are individual salary stats. And those may align with households as some households only have 1 income. https://www.usatoday.com/money/blueprint/business/hr-payroll/average-salary-us/

I’m not making an argument about the current state of wages. I’m just saying 4.4 million isn’t as unattainable as people think. And household income gets murky when you include single income households. And the definition for this article of American Dream includes 2 kids, so if kids aren’t in your planning the 4.4 million mark is probably 1 million less if you still want to attain those other things. I think some folks see that number and think “OMG I’m never going to have that much money.” You are right, you will never have that much money all at once, but over a lifetime you may have earned and/or spent that much without ever leaving the sort of “middle” income range in America.

I agree. All I’m saying is if 50% of salaries are above that 60k mark and as a dual income you are probably getting close to hitting the dream at that level. That’s not as dire as thinking only 10% of the population can afford it. 4.4 million is a scary number, but no one is expected to have that as liquidity or even net worth. That value of spend is actually more attainable over time than it looks when seeing it as raw sticker price.

And again, “American Dream” means family with 2 kids. Not everyone wants that or needs that. If you are a single person and happy living with just a partner or without kids (DINK lifestyle is fun), this is not saying you need 4.4 million to have a decent living standard.

The inflation piece is confusing to me to, but I think it does talk about investment. It says retirement is 1.6 million based on expected annual withdraw rate. So I’m guessing that is not the contribution amount but final amount including return on investment. So does that 4.4 million number actually somehow translate into a sub 4 million dollar contribution value? Same with college. If you start investing in college funds at child birth that have 18 years of growth, is that child cost the cost basis, or accrued value at time of spend? On the other hand the home cost includes mortgage interest, but the value of the house will hopefully exceed the cost you put into it.

I disagree. Workers in trades like electricians will make that much. I think entry level electricians make like 55k. So after 5 years in that work, you will likely be earning above median salary. But for professions like teachers in school districts that don’t pay well… It sucks. Not ideal, but not as dire as some might think. And when you throw in the number of people these days choosing not to have kids, that shaves 1 million dollars off the cost of the American Dream life (but hard to say how much of that decision is based on expected income vs lifestyle values).

Tech workers I assume are making starting around 75k and getting into 100k fairly easily depending on geographic location. And depending on company and trajectory you could be getting into 200 to 300k territory in tech.

I’m seeing median salary listed around 65. Is the median household income reflecting the number of single income families out there or just single people generally?

American dream implies nuclear family life. Retirement, home ownership, and owning new cars are factored in that math. It includes the cost of having 2 kids.

If you read the article…

Here’s the breakdown. We’ll explain the math below.

Retirement: $1.6 million

Homeownership: $930,000

Raising two kids: $832,000

Owning new cars: $811,000

Annual vacations: $179,000

Wedding: $44,000

Pets: $37,000

Funeral: $8,000

I think people underestimate lifetime earnings. Let’s assume 35 years of salary work to retire at 65 (it takes a while to get a career going an maybe a layoff and parental leave…) That would be about 125k a year. Make that a dual income family and that’s 2 people making 63k a year. It’s a bit hard to understand pre and post tax though because some of the calculations like retirement are pretax. And then factor in gains from investment…

So isn’t this calculation saying a 2 family income making median salaries can live the dream? That’s not great for 50% of Americans and probably means a lesser proportion of Americans can attain the dream than before. But that number 4.4 million actually is not crazy high. In a more just work though, dual income families making above the lowest 25 to 30% salaries should be able to afford the American Dream with some caveats around used cars instead of new, and maybe more frugal wedding and college expense due to financial aid and what not.

“can” vs “do” are different things. The meme quote describes hypothetical use, not actual use, as being something that should be taxable.

I guess that’s whats lost in the meme. Just because you “can” use something as collateral doesn’t mean you “are” using something as collateral. The language should be more accurate to describe actual use vs hypothetical.

So how does taxing unrealized gains work. If I purchase stock X at a specific price. If the stock goes up and I now am holding 150% of my original value. Let’s say it hovers there for 3 more years. After 3 years it tanks and is now worth only 50% of my original purchases. Are people suggesting that I pay taxes on the unrealized gain of 50%, even though I end up selling at loss and have realized negative value. Doesn’t that mean I am being taxed on losing money? How does that make sense?

Thanks for the checking. I think the whole argument is pretty wild and specious, and factually suspect, that someone died because a person couldn’t look up the cpr video on time. YouTube is not a platform that is meant to deliver on demand life saving training. In NYC all the restaurants and workplaces have signs up in designated areas with instructions on how to do cpr. I suspect someone is going to more quickly look up written instructions or infographics if they need to Google. But really, this just speaks to the importance in staying up to date on CPR practices and having school and HR classes that teach this on a recurring basis. Using this as an argument against all ads is kind of nuts.

Also, the first step of most CPR instructions is call 911. So if you follow instructions, how are you watching a video on the phone? And can’t the operator coach you through the steps? https://www.redcross.org/take-a-class/cpr/performing-cpr/cpr-steps

I can’t tell what is more gaudy. Keeping the video the same size and overlaying an image with a transparent background, or shrinking everything with some obtrusive weird colored border to make it look like a 90’s web page. But at the end of the day, I think it’s relatively non intrusive, especially if dismissible while keeping the video paused.

Looks like the reddit embeds were newly added to the page, or weren’t loading correctly last night. Couldn’t tell those links were previews or final designs of what the ad format would look like. Disney pause ads for example have it overlayed on top of the video instead of shrinking the video to have a banner/border around it. https://variety.com/2023/tv/news/pause-ads-hulu-max-peacock-streaming-1235764850/

Proof? Aren’t there classes of videos non monetized on youtube? When I just google search for cpr and find the american red cross I quickly found written instructions as well as a youtube video that doesn’t appear to have any ads. Isn’t the problem that some video creators intentionally create videos for CPR in hopes of monetizing?

Good thing the civil rights movement in the USA didn’t have church leaders involved…

Why is consensus that trump is a POS a bad thing? I hate articles like this and it always makes me wonder if this is foreign interference trying to force artificial divides.

YouTube wants you to keep watching the videos. The more time you spend on the site the more ads you see. They care about finding the balance of acceptable ad load to maximize ad space, which requires a consistent user base. I have faith that this is their objective. Also, videos take time to load and a user hitting pause is unpredictable. A light weight display ad is probably the best technically feasible way to grab a user’s attention in that brief moment of hitting pause. Especially when pause means a user wants to mute audio to do things like take a phone call, a video would turn off users to the platform.

It’s the opposite. If you pause the video you the viewers are almost always looking at the screen. The pause button on a mobile phone or web browser is literally on the player. You are guaranteed to see it immediately after you push the button. You will see it when you un pause. These ads are display banners not video. It only takes a second to see the ad.

Unlike video ads that just auto play, especially when the video player auto plays more videos, there probably is more probability you aren’t actually watching, unlike pause ads that require user activity and focus on the screen to push the pause button.

Look at the article linked to it. It has a render of a pause ad being a banner that shrinks the video player somewhat, but the paused video is viewable.