Comments by "Jim Mcneal" (@jimmcneal5292) on "Patrick Boyle" channel.

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  31. 1)there is strong reason to believe that crime statistics are rigged because certain blue cities simply don't register them. I.e. from 80s there was a decrease, but then wokeness came in 10s and it rose back again. 2)There's long term observation of perceived inflation being higher than officially measured one. While most economists believe that it's because of people notice bad thing more than good ones, I have an alternative theory. I think it's because while officially measured inflation includes all things, perceived one is based on goods majority of people actually spend money on, i.e. groceries and rent(maybe cheap car and insurance payments too). If we account for perceived inflation I'm pretty sure wage growth will be zero if not negative. 3)While current situation is probably better than great depression(not sure if there was such an extensive welfare back then, if no it could explain hunger that happened back then but does not now or during covid), and definitely better than in some other countries like china, russia or north korea, I don't think majority of americans compare their situation to one in those countries, they compare it to US one in 2000s and 2010s, maybe 1950s-1990s. And from those years there definitely is a downgrade in terms of purchasing power of average and especially median american. After all there were times when there was large amount of people(middle class) who after few years of work could afford to buy a house, couple of cars and support a family of 4-5(husband, wife, 2-3 kids) on a single income
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