Comments my own.
BLM
Accountability in Policing
Two-income households have declined since the mid-90s.
fred.stlouisfed.org/series/LNS12...
Two-income households have declined since the mid-90s.
fred.stlouisfed.org/series/LNS12...
But it's not like BLS "doesn't include home prices" -- a significant portion of it is based on housing costs.
But it's not like BLS "doesn't include home prices" -- a significant portion of it is based on housing costs.
And I think you're sorely mistaken if you think previous generations had better median lifestyles than we do today.
And I think you're sorely mistaken if you think previous generations had better median lifestyles than we do today.
About a third of CPI is housing (or "shelter" more broadly).
www.brookings.edu/articles/how...
About a third of CPI is housing (or "shelter" more broadly).
www.brookings.edu/articles/how...
Is that the case for every person? No. Is it for every item or category? No. But overall, it's true.
Is that the case for every person? No. Is it for every item or category? No. But overall, it's true.
(This was true as of 2024, ymmv this year)
(This was true as of 2024, ymmv this year)
The problems is that people read that as "actual inflation/prices" and not "the prevailing narrative about inflation/prices", which may or may not line up with actual inflation/prices.
The problems is that people read that as "actual inflation/prices" and not "the prevailing narrative about inflation/prices", which may or may not line up with actual inflation/prices.
It's not THAT hard to make a genuinely-felt case for all of these issues.
It's not THAT hard to make a genuinely-felt case for all of these issues.
Yes, the narrative itself was the the thing that ultimately mattered, but material conditions made that easier to stick.
Yes, the narrative itself was the the thing that ultimately mattered, but material conditions made that easier to stick.