> waning economy and rising costs The US economy appears to growing at about the same (inflation-adjusted) rate that it has since the 80s. [0] But it certainl

> waning economy and rising costs The US economy appears to growing at about the same (inflation-adjusted) rate that it has since the 80s. [0] But it certainly does seem that the consumer price index is failing to capture the reality of rising costs. For example the big mac index significantly outpaced the CPI the last few years.[1] And obviously housing and education costs have outpaced inflation. I guess it's politically expedient to under-report inflation... I wonder what the "real" GDP growth would be if we had a measure of cost that actually reflected the reality of people's lives. Of course, that's not even mentioning increasing inequality. [0] https://fred.stlouisfed.org/series/GDPC1/ https://fred.stlouisfed.org/series/GDPC1/ [1] https://www.stlouisfed.org/on-the-economy/2024/apr/how-big-mac-index-relates-overall-consumer-inflation https://www.stlouisfed.org/on-the-economy/2024/apr/how-big-m...