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ch4s3
searching PlanetScale…
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91.
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ch4s3
3mo ago
The data shows that inflation inclusive of housing, education, and healthcare isn't that much higher than CPI, which is because CPI already includes shelter, which accounts for ~36% of CPI. You assertion that CPI doesn't include h
92.
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ch4s3
3mo ago
Well there was a global pandemic the prematurely killed a lot of elderly people, and the dip happened in a lot of countries.
93.
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ch4s3
3mo ago
This is a very zero sum view of the world that I don't think most people actually hold.
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ch4s3
3mo ago
Nevertheless if you lump those costs into an inflation number it won't be a lot higher, the Total Living Cost calculated for 2023-2024 showed 4.4% inflation vs 3% CPI. There are a lot of ways to slice and dice this, which is why people
95.
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ch4s3
3mo ago
I'm not saying any one person's individual life is necessarily better or worse, just that the median person is doing a little better than a few years ago. obviously there are long tails of outcomes in the US. I'd also point o
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ch4s3
3mo ago
The basket of goods is totally transparent and related to things people really buy. Would you want a 2026 inflation number to reference VCR prices? Only 5.3% of US workers have multiple jobs. The long term average is just above 5%. So it is
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ch4s3
3mo ago
I think once you have a good command of data and broader trends its harder to be cynical or a doomer. You just see that things aren't perfect but are larger better than the past on most metrics.
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ch4s3
3mo ago
Incomes at the lowest quintile rose 47% from 2021 to 2024. That growth slowed in 2025, but outpaced the growth of higher income quintiles in the first few years post pandemic. Real median household income in 2024 was $83,730 which is the hi
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ch4s3
3mo ago
No argument there. The US has been hit hard by the global populist political wave in recent years.
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ch4s3
3mo ago
> Inflation wiping out income growth Real income means inflation adjusted, so we actually see the median income outpacing inflation right now. > More people outside employment than COVID or Great Recession There's a lot going on
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ch4s3
3mo ago
REAL income is adjusted for inflation. If real median income is increasing then it is outpacing inflation by definition.
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ch4s3
3mo ago
US real median household income has been steadily rising[1] for the last 40+ years. Life expectancy is rising again after dipping and plateauing for a few years. Employment numbers are pretty good given the macro headwinds. The US forms ~5.
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ch4s3
3mo ago
I think its easy to forget how much energy is required to boil a liter of water, and these charts are a great reminder of the mundane things like that which escape our attention.
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ch4s3
3mo ago
Retail investors shouldn’t be investing in individual stocks outside of industries they understand well. Following GAAP is the definition of not hiding the obligations.
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ch4s3
3mo ago
> is they are trying to hide the debt. They aren't hiding it though. The contracts are recorded in regular filings.
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ch4s3
3mo ago
It seems like its useful to be aware of at the very least. Surely every developer has written a hot loop that adds or compares simple terms. Knowing that a compiler COULD in theory optimize this for the target CPU architecture is useful in
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ch4s3
3mo ago
> If you were born in an agricultural settlement, that was probably the only lifestyle you knew All of these societies would have had headers and hunting/foraging people on their periphery who they traded with. People regularly fuck
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ch4s3
3mo ago
Well your alleged correlation doesn’t support that claim, and I showed a number of counter examples.
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ch4s3
3mo ago
I don’t think there’s a good basis for your claim. The earliest agricultural cultures all practiced flood retreat agriculture in alluvial plains. If you look at the Americas you also only see intensive agriculture in coercive top down city
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ch4s3
3mo ago
The people farming didn't really own the land, in many cases they were captured or corralled in place and forced to farm. The were also forced to dig canals and occasionally do the soldiering. All of the early Mesopotamian city states
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ch4s3
3mo ago
Right, my point is that you can't boil happiness down to a single causal factor and if you could the evidence doesn't support home ownership being that factor.
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ch4s3
3mo ago
His book, and Graeber and Wengrow's The Dawn of Everything as well as some miscellaneous books on Mesopotamia. The Dawn of Everything does a great job challenging some popular ideas around state formation as well.
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ch4s3
3mo ago
Again, you don't see a major decline in population in many cases based on the archeology. Insofar as we can tell people would spread out a bit away from the cities. In the fertile crescent early city states attempted to corral people i
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ch4s3
3mo ago
I'm sharing Gallop survey data about happiness, it's the "happiness" data everyone uses, and what OP was referring to as well. I'd challenge the idea that GDP per capita correlates to happiness. Mississippi has a hi
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ch4s3
3mo ago
> When archaeological evidence shows that people largely stopped farming, it usually means that those people largely stopped existing No, there are signs of habitation. If you look at the evidence from the alluvial plain around ancient B
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ch4s3
3mo ago
Finland is consistently ranked as the happiest country in the world and has a home ownership rate comparable to the US. Denmark ranks 3rd and has a slightly lower home ownership rate than the US. Oh, and Singapore ranks 36th[1], while the U
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ch4s3
3mo ago
> 10,000 years old, since agriculture made migratory hunter-gatherer societies obsolete. This isn't really how the transition to agriculture worked. Historically agricultural elites captured lands with conscripted armies and forced
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ch4s3
3mo ago
I’ll have to come up for the NYC meetup.
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ch4s3
3mo ago
My team redid a bunch of our ETL. I personally built a programming language that you can download and use, and I’m about to release an iOS app(in a few weeks).
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ch4s3
3mo ago
oh, I didn't recognize your username here! It's been ages since I've seen you. Hope you'll be in Chicago in September.
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