The Depression vs Now

During the Great Depression houses were 3x the average salary. Today it's 8x

Cars were 46% of the yearly salary. Today it's 85%

Rent only took 16% of the annual salary. Today it's 42%

Without A Doubt We Are Living In A Depression.

The average wage in 1930 was $4800 a year which equates to $85000 a year in 2023. Now the average annual income is less than $50000. We are poorer now than they were in the great depression.