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There is a widespread feeling that something doesn't 'feel' right about the economic situation. While the official world vehemently denies it, they have every incentive not to admit the truth. There are various ways and methods to quantify living standards, especially material standards. Using officials' own methodology, we find the 'feeling' is very well grounded in material fact(s). Eurodollar University's Money & Macro Analysis Boston Fed How do We Measure Standard of Living https://www.bostonfed.org/-/media/Documents/ledger/winter2004/livstand.pdf CDC Drug Overdose Deaths https://www.cdc.gov/nchs/products/databriefs/db491.htm CDC Birth Stats https://www.cdc.gov/nchs/nvss/births.htm CDC Birth Rates https://www.cdc.gov/nchs/data/hus/2020-2021/Brth.pdf Christopher Waller Little by Little, Progress Seems to be Resuming. https://www.federalreserve.gov/newsevents/speech/waller20240521a.htm https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |