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There are many problems with mainstream ideas about inflation, but one key problem is that it does not take into account the disastrous decline in the quality o

There are many problems with mainstream ideas about inflation, but one key problem is that it does not take into account the disastrous decline in the quality of public services that Americans have experienced over the last couple of decades. How do you measure the inflationary impact of the fact that in many cities, the public schools have declined in quality so much that people are faced with the choice of either moving to the suburbs, or paying for private school? What about the impact of the transformation of the built landscape from nice walkable towns to disgusting exurban sprawl?

valuearb 6y ago
Yet, We are spending more on public schools than virtually any time in American history.
- valuearb 6y ago
  Not sure why the downvotes, it’s just a fact. You may think we should spend more, or differently, but it’s a fact that the US has never spent more on public education in tan it has the last decade and its not even close. https://www.usgovernmentspending.com/education_spending https://www.usgovernmentspending.com/education_spending