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jzbyesterday at 4:33 PM1 replyview on HN

I think “abject poverty” is probably overstating the case a bit. I do think quality of life is trending downward given the fact that housing, food, gas, medical care costs are all increasing while wages are stagnant or worse.


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gruezyesterday at 4:45 PM

>I do think quality of life is trending downward given the fact that housing, food, gas, medical care costs are all increasing while wages are stagnant or worse.

???

https://fred.stlouisfed.org/series/MEPAINUSA672N

Note this is already inflation adjusted, so "housing, food, gas, medical care costs are all increasing" is already accounted for.

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