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A comment on Summers: Inflation Reached 18% in 2022 Using the Government's Previous Formula. Parent comment

Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by bjornsing on Sunday April 14, 2024 @03:56AM (#40029476)
> Today you have 2 people working 100 hours a week to support 1-2 additional people , while living in an apartment and living in a run down and crime infested neighborhood.

Is that really true, or is it more a feeling many Americans have? As a Swede it’s a bit hard to relate to.

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Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by ethanbond on Sunday April 14, 2024 @09:02AM (#40030794)
Crime is much much lower than it was decades ago almost everywhere in the US.

Also “run down” in reference to cities is just not true outside of a few failed areas like Detroit. NYC today is dramatically nicer than it was decades ago.

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Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by lupire on Sunday April 14, 2024 @02:16PM (#40033130)
Your data on New York "today" appears to be pre-opiod.
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Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by ethanbond on Sunday April 14, 2024 @02:42PM (#40033314)
The opioid issue is absolutely a big degradation in QOL from recent years, but no the current crime rate is still well below decades ago, especially on a per capita basis.

https://www.nyc.gov/assets/nypd/downloads/pdf/analysis_and_p...

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