Yeah, the thing about inflation in the 1970s was that a significant number of workers had cost of living adjustments so they could survive with inflation at a h

Yeah, the thing about inflation in the 1970s was that a significant number of workers had cost of living adjustments so they could survive with inflation at a higher level than now. Moreover, many people had a cushion for survival. When you have no wage increases and no cushion, as common now, all it takes is little inflation to screw you considerably. That situation isn't considered in statistic about how the economy is doing. And the thing with crime is that when people's own situation isn't good and they're told X-that-they-can't-directly-measure is bad, they tend to believe it. And indeed, the visibility of the homeless can look like crime.