| ▲ | ihumanable 2 hours ago | |
I find this graphic a good one https://www.visualcapitalist.com/inflation-chart-tracks-pric... Obviously it's partial (or else there would be a billion lines) but it gives a good broad view of what things have gotten more or less expensive. - TVs, toys, software, and cellphone services are cheaper. - Clothing, funishings, and cars roughly flat. - Healthcare, education, childcare, food, and housing are all more expensive by more than 50%. So this is the moment we are in, we can certainly find things that were cheaper but your average consumer buys a TV once every few years, they buy food and pay for housing every day. I don't think people are ignorant of the upsides of this deal, they are just capable of also recognizing the downsides. | ||
| ▲ | megaman821 2 hours ago | parent [-] | |
Almost nothing can make labor-dominated services drop though. I guess you could have guest worker visas that pay half the going wage, and there would be a lot of people that take that deal, but most Americans would hate that. Grocery inflation is not nearly as bad as the food inflation overall, which is driven by food-away-from-home just absolutely skyrocketing. Billions of words have been spilled about housing, so I will boil it down simply. It is a mixture of policy and preference. It doesn't have to be the way it is, we just need to collective will to change things. | ||