An idea I had recently is: has Economic News become Crime News? Crime has been falling for idk 30 years, but people think its rising and The News reports on it like it's going up. Has the same thing happened to Economic News? Why?

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"When a basket includes cheap consumer electronics, toys, that pushes CPI down despite, say, child care doubling." The basket is weighted by expenditures. "Cheap consumer electronics" do not make a big shift on CPI because they are a small fraction of expenditures. (Housing is 40% of CPI)

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A whole generation of policymakers is going to have to relearn how the creation of the welfare state was not some grand act of generosity (one of its architects was Bismarck FGS) but rather a crucial means to ensure social stability and state legitimacy that democracies and markets need to function

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I'm really sorry to hear that Sean and family. A wonderful Asian young friend came to stay (she's a teacher in a tough London school and is a 'big' character) She shrunk back when visiting our local market due to all the double takes. I get the same when I'm chemo-bald. Small places are challenging

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The thing about young dodgy men who think the world should be built around them is that they're also 1) cowards and 2) lazy so if the going gets tough, they tend to evaporate

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