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But how much have home prices increased since 2000? How much has rent increased? How much has food prices? 19.61% increase in wages seems like a lot but if you

But how much have home prices increased since 2000? How much has rent increased? How much has food prices? 19.61% increase in wages seems like a lot but if you factor in housing prices increased 100%+, prices of steaks increased 200%, etc, then that 19.61% doesn't look too good.

cceyhan 8y ago
This is real income, so costs are already accounted for.
- paidleaf 8y ago
  Inflation calculations doesn't include housing price.
  - kgwgk 8y ago
    I don’t know which calculations are you talking about precisely, but usually (US,EU,OECD) the hosing costs are included in the form of actaul rents, imputed rents, and maintenance costs.
  - IkmoIkmo 8y ago
    Says who? They generally do.
- VLM 8y ago
  The real lesson is statistics used in political discussion are ALWAYS manipulated into meaninglessness. If you can hear an axe grinding in the background you know the numbers are have been carefully and methodically rendered meaningless. The trick is to find statistics that aren't used (or aren't used as much) in political discussion. What is the ... divorce rate, or percentage of psychologically medicated people, or suicide rate, or addiction rate or average children per women, crime rates, immigration in or out of an area, job market trends by occupation and pay rate, ratio of local school academic spending to athletic spending, or similar non-headline metrics of success (or not success).