4 ms·

> the high minimum wage here is just part of the over all inflation spiral Inflation in the west is lower than the rest of the country: https://www.visualcapi

> the high minimum wage here is just part of the over all inflation spiral Inflation in the west is lower than the rest of the country: https://www.visualcapitalist.com/mapped-annual-inflation-rate-by-u-s-region/ https://www.visualcapitalist.com/mapped-annual-inflation-rat... Even going by CPI, inflation in California is lower than Texas, Florida, Alabama, etc. https://www.usatoday.com/story/money/2024/04/09/states-highest-lowest-inflation/73184932007/ https://www.usatoday.com/story/money/2024/04/09/states-highe... I agree with you that restrictions on new housing is a big problem, but it is NOT just a California problem.

scoofy 1y ago
Looking at the quarterly inflation rate makes little sense when discussing the cost inflation over the last decade and a half.
- axiolite 1y ago
  By all means, point us to your sources that show California's inflation is much worse than all other US states, "over the last decade and a half".
  - scoofy 1y ago
    https://fred.stlouisfed.org/series/CUURA422SA0 https://fred.stlouisfed.org/series/CUURA422SA0 37% increase in the last decade vs about 34% in all urban areas. I see your point. https://fred.stlouisfed.org/series/CPIAUCSL https://fred.stlouisfed.org/series/CPIAUCSL