The Zach Foust Show
Send us Fan Mail [https://www.buzzsprout.com/2508075/fan_mail/new] The government says cumulative inflation since 2010 is 52.72%. I think that number is a lie and I have the receipts. I spent time building out what I am calling the Real Inflation Tracker. I took real items that real 25 to 34 year olds buy every single week and I looked at what they cost in 2010 versus what they cost today. A McDonald's meal that was $5.29 in 2010 is now $16.79. That is not 52%. That is over 200%. A pack of bacon, ground beef, dish soap, car insurance, health insurance, rent on a one bedroom apartment, a college education, a new construction home. Every single one of them has gone up more than 100%. Most of them more than double the official number. I also walk through what has gone up the least since 2010. Video games, smart TVs, streaming devices, hotel rooms, cell phone plans, Bud Light. Nothing you actually need. Just the things that keep you distracted and comfortable enough not to notice what is happening to everything else. I break down Kevin Warsh's statement on price stability versus persistently high prices and why those two things are not the same sentence. I walk through the Dodge versus Ford 1919 court case that legally locked corporations into choosing shareholders over workers and why repealing it would do more for American wages than any tariff ever could. And I close with five things that would actually fix this system if anyone in Washington had the spine to do them. They are lying about the economy on purpose. I am going to keep building the data to prove it. https://docs.google.com/spreadsheets/d/1OAbihkG-bQ70pCUPknM1Gzw-IpR1iPqcEZXnAubdNfM/edit?gid=0#gid=0 Support the show [https://www.buzzsprout.com/2508075/support]
98 episodes
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