5 ms·
Another take is that a lot of our productivity gains are being eaten by out of control healthcare costs: https://www.bloomberg.com/opinion/articles/2019-02-14/u
by Eridrus 7y ago
Another take is that a lot of our productivity gains are being eaten by out of control healthcare costs: https://www.bloomberg.com/opinion/articles/2019-02-14/u-s-economy-wage-stagnation-is-one-disease-with-many-causes https://www.bloomberg.com/opinion/articles/2019-02-14/u-s-ec...
I couldn't find any good data in my 5 minutes of googling, but I would also expect a good part of CPI/PCE inflation numbers to be about housing costs, and it's pretty clear that housing costs are largely driven by bad regulation, chief among the issues being restrictive zoning laws, but helped along by all sorts of others like CEQA or NY's Scaffold Law etc.