There were also outraged comments on other social media platforms and some angry emails.
The gist of most of this outburst was that I was trying to hide the problems facing Americans by using a measure that excluded much or most of what real people worry about.
Hey, if you never want to get anyone angry, don’t enter public discourse.
Inflation has, by almost any measure, been coming down remarkably quickly and painlessly.
When economists say, for example, that the purchasing power of most workers’ wages is higher than it was before the pandemic, they’re measuring prices using the whole consumer basket.
Persons:
don’t