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polistra's avatar

When it comes to different eras, prices aren't always the important variable. Many things were relatively expensive in the 50s. Travel and restaurants have always been fairly expensive. The important variable is income. Before 1980 ordinary jobs paid a lot better than they do now, so ordinary workers could afford more of the relatively expensive things.

Two big exceptions: housing and medical care are WILDLY expensive now by every possible comparison. For those two necessities, price IS the variable.

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Jonah Huckabay's avatar

I feel like this also ties into the previous things you've written about the low end of the market disappearing. There used to be local amusement parks that were mostly patronized be people who lived nearby or who happened to be passing through. These places are mostly gone now.

I think a part of what caused their demise is that, in an era when everyone has a internet-connected smart phone, we demand a higher level of entertainment than we used to. The kind of amusement park that consists of a couple of wacky rides and a petting zoo may just not be enticing enough to convince people to leave the house these days.

So, we end up with high-end theme parks like Disney World, some more mid-tier places like Six Flags, but nothing on the low end.

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