this post was submitted on 11 Feb 2024
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$1 in January of 2018 has the same buying power as...$1.24 in December of 2023. "The price of everything" did not increased 100%, it increased 24%.
That also sucks, and you don't have to lie about it to make your point.
https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1&year1=201801&year2=202312
Tell that to all of us paying upwards of 3X as much for many basic goods, including McChickens.
Do you understand what the overall inflation figure means though? You can’t just say “no, that figure about overall inflation in the economy isn’t true, my double whopper supreme is way more than that!!”
Wasn’t Lemmy supposed to be the somewhat “smarter” Reddit where people had taken a basic stats class at some point in their life? I just really don’t get this thinking.
🤔 Oh, I get it. You're one of "those types." The type that'll find any way to dispute anything that tells us something is wrong.
As if the overall inflation figure and other obscure, arcane bullshit changes the fact that a McChicken tripled in price, which is something that deeply and demonstrably affects ALL of our lives whether we eat fast food or not.
No just one side tends to have very complex figures backed by large independent teams of experts in the field and the other has McChicken prices and vibes.
If the other side had like… any real data I would be on board with it