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submitted 2 years ago* (last edited 2 years ago) by [email protected] to c/[email protected]
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[-] [email protected] 84 points 2 years ago

They almost never include necessities in these calculations. To them the real measure of economic activity is the price of 65" TVs dropping 10%, not rent going up 100% or housing prices going up 200-300%, or food prices going up 60%.

Hey, you can get a smart TV for 85% the adjusted price of one last year and wages have gone up .8% on average meaning you can open another tv! Why are you complaining?

[-] [email protected] 23 points 2 years ago

they would count house prices going up as sucess

[-] [email protected] 15 points 2 years ago

They definitely do! Rent went up? Oh, that means the GDP increased lol

[-] [email protected] 11 points 2 years ago

to their mind rent going up is an increase in income not costs

[-] [email protected] 14 points 2 years ago

Yeah, because they are housing prices going up as solidifying their position in the owning class

this post was submitted on 03 Dec 2023
200 points (100.0% liked)

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