Wired Magazine’s September 17th issue makes a good case for why we seem to be settling for “good enough” when purchasing goods and services. Why pay for more quality than you need? But, what’s really driving this trend? Hmmm, could it be… wages?

Median Wages Since 1970

Median Wages Since 1970

The red line is adjusted for inflation. As a whole, US wage earners haven’t had a real raise since 2000. All of the growth has all been at the high end. That discussion is a post for another day.

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