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by bsder 59 days ago
The "inflation basket" keeps getting rejiggled to hide things.

Rent as percentage of income is up. Groceries as percentage of income is up. Medical insurance as percentage of income is up. etc.

People aren't stupid. They can see and feel this.

Yes, it's nice that computers and phones are super cheap and powerful. That doesn't help people eat.

2 comments

> Yes, it's nice that computers and phones are super cheap and powerful.

It was nice, but that's quickly changing now that the consumer market is being ignored by chip makers who'd rather sell to companies building data centers

Yeah it does help them eat. Give me a computer and I’ll earn all the food I need.