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Brendan's avatar

Superpredators wonkspat over lines of Koch.

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Katie Nissen's avatar

i wrote about the inflation perception issue on a tweet thread once bc i’m pretty sure i cracked the case: economists are pretty much 100% correct that the economy is really good, especially for those at the lower rungs (e.g., wages have risen more than enuf to keep up with inflation, particularly among the lowest earners). HOWEVER - what they are missing is what i dub the “Little Treat Index.” I actually feel fine about the cost of bread and milk and such... the strain is that i can still only afford the same amount of Little Treats (e.g. a new makeup product) as i could five years ago. Technically, that means I’ve kept pace with inflation, but my lifestyle expectations have also grown. *I don’t want to only be able to afford the same amount of luxury after working hard for 5 years - I want to be able to afford more.* And I can’t. And that feels shitty.

rare case of somehow the economists are correct, but there’s just a real weird way of perceiving these things that makes folks (including myself) unhappier than we have a right to be

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