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Things are, in fact, not 50-100% more expensive though.
by jncfhnb 2y ago
Things are, in fact, not 50-100% more expensive though.
- TheCoelacanth 2y agoYou can cherry-pick individual items that are, though, and the ones that have changed a lot get more attention.
- EEMac 2y agoI'm glad things are going better where you live. Where I live: Gas: 2020 = $2.36 a gallon 2024 = $4.69 a gallon Celery: 2020 $0.90/head 2024 $1.50/head Arby's Half Pound Roast Beef Sandwich: 2020 $5.50 2024 $8
- jncfhnb 2y agoGas is a special case but it’s worth noting that your numbers went from a bit above the national average to significantly above the national average. I’m not sure where you got your celery numbers but produce prices are very swingy over a year Arby’s prices have risen, although, amusingly at a much slower rate than almost any other major fast food chain
- lotsofpulp 2y ago>Gas: 2020 = $2.36 a gallon 2024 = $4.69 a gallon This must be due to increased state and local taxes. https://www.gasbuddy.com/charts https://www.gasbuddy.com/charts May 2019 is ~$2.70 and May 2024 is ~$3.70, a 37% increase, as opposed to a 100% increase for where you live. I used May 2019 because there is no use in comparing May 2020 or any other part of 2020 due to COVID supply and demand disruption as well as seasonal differences.
- bluefirebrand 2y ago> This must be due to increased state and local taxes I don't know if it matters all that much why prices are increasing for everything, whether it's inflation, corporate greed, new/increased taxes, or whatever else The fact is people are getting squeezed from a lot of directions, and meanwhile we're reading about record corporate profits, many companies are doing massive layoffs, and raises aren't keeping up with expenses
- jncfhnb 2y agoPicking one particular item hit by a tax in one locality is not a very useful anecdote for the general narrative
- deleted 2y ago[deleted]
- throwaway22032 2y agoNo, it just feels that way, because some things are actually up 40%, whilst other things are just less accessible in general or have been subjected to fees which can't be captured as a percentage rate. The tradesman example I give is one of those. It's not x% more expensive to get something done, it's more like, the small jobs are now uneconomical to bother with at all, so you do it yourself to a lower standard which takes you time. Hence it feels as if the economy is doing worse, because you can't get as much done.