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A model 3 might be a finer car than a 70 muscle car but the reason the picture of the teen with the muscle car looks richer is that he is. The 1970 teen can buy a brand new V-8 (not the base model) Camero after about 1800 hours at the 1970 minimum wage. Today's teen needs 2500 hours to buy a base model 3 (after the tax credit expires next month) at the median teen wage of 17/hr.
It looks like a rich society because it was a rich society. Further the 1970 teens future house and college look much much better.
But the model three is a better car! The foreigner version of a ford Mustang or a Camero is probably affordable at less than 1800 hrs at $17/hr. It's illegal to sell, but that's the rough equivalent, and 'I want a hilux' is a different issue.
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So they need to work 38% more hours to get a car that is like, 500% better?
I think we're in the rich society
If we're so much richer why are 40% of teens not getting licenses today vs 20% in 1980 (the closest stat to 1970 I found).
IME- and I likely live around more teens than you do, given the fertility rates around us- there's a basically 1-1 correlation between the length of the parental leash and how quickly teens get their license.
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Car's no longer a gateway to socializing with peer young women and having sex?
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I have no idea.
They live in cities more? They can't afford cars?
I also think income/wealth inequality is a massive issue, so I'm very comfortable saying both "our society en masse is richer than ever" and "the distribution of this wealth is completely fucked"
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Because teens desire to be less independent and are less risk-tolerant in all ways than they used to be. I blame it on insufficient lead, insufficient nicotine, and too much supervision (in that order).
Edit: also nastier licensing requirements. Thanks, insurance companies!
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On what metric are you measuring this?
I'm reminded of a portion of a recent comment over at Jim's blog (by regular commenter Pax Imperialis, who is currently in the military):
You are aware that a model 3 is, literally, a luxury sports car, with sports-car performance and BMW interior?
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Safety, safety, safety, safety
Driver assist features
Energy efficiency (in terms of input energy to distance/speed moved)
In this case, the fact it runs on electricity and not gas
Reliability
In this case especially, but in many cases, way better performance of the engine.
The fact it can Bluetooth to my phone to play music
The fact it can show a map of where you're driving
Significantly better AC/heat/creature comforts like fancy seats
Probably trunk space
Are you seriously trying to pretend 2020s cars don't absolutely fucking blow 1970s cars out of the water in every single possible metric? Because lmao
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