Re:Why America's economy is soaring ahead of its rivals
by bobthepanda on Thursday December 05, 2024 @02:17AM
(#42325793)
one important distinction in the US is that we have a requirement to get insurance for nearly everything (car, house, etc.) and these are some of the fastest ballooning costs; and homeowner insurance in the US is actually not separately included in CPI. https://archive.ph/cvorJ
I've traveled the world a lot, including the US South. They are VERY rich out there, but think they are poor, that's it.