Blue Sky
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Agony! Misery!
Economists need new indicators of economic misery
Existing measures of discomfort are failing to predict elections
www.economist.com
November 15, 2024 at 8:35 PM
Agony! Misery!
According to the inflation calculator at the Bureau of Labor Statistics, $1 in 1984 had the same buying power as $3 in October 2024. A family would need an additional 200% over the roughly 40 years to stay even with how much their money could buy.
Will The U.S. Finally Admit That Personal Economics Is A Big Problem?
The gap between median household and personal incomes and the cost of living is large and troubling.
www.forbes.com
November 15, 2024 at 5:08 PM
According to the inflation calculator at the Bureau of Labor Statistics, $1 in 1984 had the same buying power as $3 in October 2024. A family would need an additional 200% over the roughly 40 years to stay even with how much their money could buy.