also real median wages are going up again and have been for a while

it’s true that services productivity has been going up slower than manufacturing prod

healthcare spending as % of GDP has been flat since 2009, nice

healthcare costs have gone up if you baseline with CPI, but that doesn’t adjust for quality and is mostly just saying the cost went up faster than housing prices

confused though bc this seems at odds with flat % of gdp (jk make sense: with increasing wealth inequality, median person could spend more and avg spend less)

but if you use a different measure of affordability, it’s actually getting cheaper

my conclusion overall: probably about flat now

possible cause of inflection: Obamacare’s cost controls (2009)

whoa

college is also flat / getting cheaper in real terms now, even before adjusting for financial aid