- Economic Errata

Started by TDoS Apr 29, 2025, 04:02 PM

Message path : / Society / The American economy / Economic Errata #61


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Quote from: RE on Apr 29, 2025, 01:34 AMThis is why the Middle Class is a vanishing species.  Starting salaries at even the highest levels haven't even come close to keeping up with inflation.  To Boomers though, $100K sounds like a lot of money, particularly for a recent college grad.  A reasonably successful Boomer like Kdog didn't crack 6 digits even at the end of his career in IT with a Master's.

Some Boomers cracked $100k by age 30, but drilling wells near the Arctic Circle was a bitch on homelife. No Masters required though. Now, getting back into an office required a 60% paycut. And then ANOTHER 10 years to crack $100k.

But end of career nowadays, no one is talking about $100k, I see ads for assistants to reservoir engineers going for nearly $200k within the last month on Indeed.



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