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If you treat the cost of consumer goods in isolation as the only thing that matters in the economy, sure. People who are gainfully employed do not have a probl
by esotericn 7y ago
If you treat the cost of consumer goods in isolation as the only thing that matters in the economy, sure.
People who are gainfully employed do not have a problem with the cost of general goods like food and electronics; this stuff is cheap.
The problem (not only in the US) for most is under/unemployment and the cost of housing.
Because the jobs have been shipped offshore.
- zip1234 7y agoThe cost of housing is a complicated matter but is mostly not due to jobs going elsewhere. Single family zoning and 'never change' rules in home owners associations and cities are some of the biggest drivers of housing prices.