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Where are you seeing "a lot of inflation"? The inflation rate in the US has been pretty low for the past decade or so, relative to history. Source: https://ww

Where are you seeing "a lot of inflation"? The inflation rate in the US has been pretty low for the past decade or so, relative to history. Source: https://www.thebalance.com/u-s-inflation-rate-history-by-year-and-forecast-3306093 https://www.thebalance.com/u-s-inflation-rate-history-by-yea...

OrgNet 7y ago
Health costs have increased a lot since the "Affordable" Care Act came into action... that must count for something.
- 1121redblackgo 7y ago
  Costs were rising dramatically before the act. The act passed, and they continued to rise, albeit a tiny bit slower.
  - OrgNet 7y ago
    before the act, I could get insurance that would cover only catastrophic events.... it was MUCH cheaper.
lotsofpulp 7y ago
Healthcare, education, real estate in desirable areas, and taxes. I can also see that I spend more on hotel room nights, restaurant meals, groceries, supplies for my businesses. I don’t know where the inflation stats are coming from, but I’m certainly spending more every year for the same quantity.
- taurath 7y ago
  I wonder how much the averages bring that down. Healthcare is up across the board, but real estate may not be up much if at all in non-growing areas. Wages just aren't growing I think.
  - toomuchtodo 7y ago
    Wage growth over the last 15 years has been consumed by healthcare premiums (without a corresponding increase in care quality). We haven’t been getting raises because the healthcare sector has been absorbing them.
  - DeonPenny 7y ago
    Wages actually have been growing especially recently
  - ummonk 7y ago
    Yeah, it feels like all COL is proportional to local employment availability so cost of living is substantially higher for a working adult.
  - pixelperfect 7y ago
    A large fraction of the population lives in growing areas, so the rising cost of real estate in growing areas is an extremely important factor, and on average it's been rising faster than wages for decades.

OrgNet 7y ago

Health costs have increased a lot since the "Affordable" Care Act came into action... that must count for something.

1121redblackgo 7y ago
Costs were rising dramatically before the act. The act passed, and they continued to rise, albeit a tiny bit slower.
- OrgNet 7y ago
  before the act, I could get insurance that would cover only catastrophic events.... it was MUCH cheaper.

lotsofpulp 7y ago

Healthcare, education, real estate in desirable areas, and taxes. I can also see that I spend more on hotel room nights, restaurant meals, groceries, supplies for my businesses. I don’t know where the inflation stats are coming from, but I’m certainly spending more every year for the same quantity.

taurath 7y ago
I wonder how much the averages bring that down. Healthcare is up across the board, but real estate may not be up much if at all in non-growing areas. Wages just aren't growing I think.
- toomuchtodo 7y ago
  Wage growth over the last 15 years has been consumed by healthcare premiums (without a corresponding increase in care quality). We haven’t been getting raises because the healthcare sector has been absorbing them.
- DeonPenny 7y ago
  Wages actually have been growing especially recently
- ummonk 7y ago
  Yeah, it feels like all COL is proportional to local employment availability so cost of living is substantially higher for a working adult.
- pixelperfect 7y ago
  A large fraction of the population lives in growing areas, so the rising cost of real estate in growing areas is an extremely important factor, and on average it's been rising faster than wages for decades.