Re:The stuff we need is getting more expensive, other stuff ...
by Loic on Friday August 19, 2016 @03:14PM
(#12322712)
I see 4 groups:
1. Largely above inflation are everything requiring local work.
2. Below inflation are everything mass produced in Asia.
3. Staying at 0 are the mix of the first 2, your car is built locally with automation and parts coming from everywhere in the world.
4. The last, housing and food is basically the center mass of the inflation calculations, this is basically normal that it is following the inflation.
The particular case of college tuition and textbooks is a US issue, we do not have it in the rest of the world. So, we just learnt that the higher education system in the US is broken or maybe we knew it already?
Re:The stuff we need is getting more expensive, other stuff ...
by metaphorm on Friday August 19, 2016 @05:51PM
(#12323781)
higher education, housing, healthcare, and many forms of essential food products (particularly produce and grains) have gone up in price by a hugely significant amount.
1. Largely above inflation are everything requiring local work.
2. Below inflation are everything mass produced in Asia.
3. Staying at 0 are the mix of the first 2, your car is built locally with automation and parts coming from everywhere in the world.
4. The last, housing and food is basically the center mass of the inflation calculations, this is basically normal that it is following the inflation.
The particular case of college tuition and textbooks is a US issue, we do not have it in the rest of the world. So, we just learnt that the higher education system in the US is broken or maybe we knew it already?