Blue lines = prices subject to free market forces. Red lines = prices subject to regulatory capture by government. Food and drink is debatable either way. Conclusion: remind me why socialism is so great again.
Rudi January 11th, 2019
Is it mere coincidence that all the things that have statistically outpaced the inflation average (minimum wage, child care, college expenses, medicine) are the exact same things every politician stumps about making basic necessities that everyone should expect the government to mandate or provide outright?
The louder government says everyone should expect it and we will step in to help pay or enforce it – the more its price goes through the roof.
http://www.aei.org/publication/chart-of-the-day-or-century/?utm_content=bufferd5494&utm_medium=social&utm_source=twitter