When I was a kid there was no internet. No Amazon, no Instagram, no streaming. For that matter, most people didn't have VHS ($1,000 for a player), and there were no DVDs or CDs. No cell phones. 50 cents/min to call grandma. The idea that kids live worse today is ludicrous.https://twitter.com/BernieSanders/status/1218629049515421696 …
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So basically anything the government touches or regulates heavily have gone up in price.
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It’s more nuanced, hard to import hospital services. But also, cheaper electronics aren’t a marker of generational progress
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@cmu_macro I think I upset some people with economics, I’m blaming you :D - Još 3 druga odgovora
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Hilarious. The vast majority of consumer products including food are cheaper
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Yea but healthcare, education, and real estate oh my
- Još 9 drugih odgovora
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You can still buy 1998 quality medical care for 1998 prices - you just have to go to a 3rd world country to find that.
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Ok boomer
- Još 5 drugih odgovora
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I wonder which of the items on that chart are subsidized by the government
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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It is amazing how average hourly earnings are outpacing CPI but somehow we are worse off? It is almost like important data is being ignored.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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Čini se da učitavanje traje već neko vrijeme.
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