Yes, and the federal debt is at absurd levels and growing
Posted on: May 22, 2024 at 17:40:49 CT
JeffB
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rapidly. Inflation is still too high & yet many people are heavily in debt and struggling.
Technological innovations likely play a large role in why our standard of living hasn't dropped precipitously. Computers, the internet, web conferencing and so on have bailed us out by giving us tremendous gains in productivity. AI, extremely rapid gains in EV, solar, wind & robotics may keep that streak going.