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It's not a mystery. Inflation is everywhere, but the government isn't measuring it. Clinton moved the goalposts by saying that people would downgrade the qualit
by docker_up 8y ago
It's not a mystery. Inflation is everywhere, but the government isn't measuring it. Clinton moved the goalposts by saying that people would downgrade the quality of their purchases as the price increased. So for example, instead of buying authentic Levi's jeans, they claimed that people would buy cheaper Chinese-made jeans.
As well, have you noticed that the size of food products has been cut by 10% or more? A "pint" of ice cream is actually 14 oz now. That's a decrease of 12.5%, but same price. Same goes for orange juice, packages of bacon are 375g instead of 500g, etc.
Gas has been at multi-year lows (until recently) and yet in CA the price of gas was still almost $4. Now, as oil rises, gas will rush towards $5/gallon and we are like the boiled frog because it happened so slowly we didn't notice.
- duxup 8y agoGas has been / is still low in my area.... not sure that has gone up much. Are you saying the measurement is just for say a gallon of milk isn't for a gallon anymore or something? I'm not sure that makes sense....
- docker_up 8y agohttps://www.mouseprint.org/2018/04/16/here-we-downsize-again-2018-part-1/ https://www.mouseprint.org/2018/04/16/here-we-downsize-again... http://content.time.com/time/nation/article/0,8599,1818761,00.html http://content.time.com/time/nation/article/0,8599,1818761,0... This is common knowledge. Just because you think "it doesn't make any sense" doesn't mean it's not happening. A gallon of milk may or may not be exactly a gallon depending on where you buy it from, just like OJ. It's gone from 64 oz to 52 oz this year.
- duxup 8y agoI get that products are downsized....I don't necessarily think that automatically translates into government inflation numbers. There's nothing about inflation or government stats in your link at all...
- philwelch 8y ago> Clinton moved the goalposts by saying that people would downgrade the quality of their purchases as the price increased. So for example, instead of buying authentic Levi's jeans, they claimed that people would buy cheaper Chinese-made jeans. Rather than inflation, this is because of the Baumol cost disease. American labor is too expensive to cost-effectively spend it manufacturing jeans anymore. > As well, have you noticed that the size of food products has been cut by 10% or more? A "pint" of ice cream is actually 14 oz now. That's a decrease of 12.5%, but same price. Same goes for orange juice, packages of bacon are 375g instead of 500g, etc There are also clear cut examples of food portion sizes rising over time. Most pints of ice cream are still full pints; Haagen-Dazs is the main brand that shortchanges their pints.
- ataturk 8y agoSo sick of the 11.2 oz. 16oz. box! Just adds to the waste stream. Ice cream was half gallon size package for most of my lifetime. Starting around 2008, the fuckers made them 1.5 quarts and fucked us over and nobody complained! Apples by the pound? GTFO! If you put your thumb on the scale in a medieval market, you'd get your ass stabbed. But we oh-so-evolved descendants put up with the most ridiculous bullshit humanity has ever known.