Quote (cambovenzi @ Aug 5 2017 09:13pm)
Yes sometimes statistics can be used misleadingly and graphs can be deceptive.
Do you have any reason to believe that is the case here? Do you contest the point they are illustrating?
Or are they accurately portraying a fairly obvious trend over the past 30 years that supports my point?
Well for example, I grew up in southwestern Pennsylvania, in the 60's and the 70's. Your top graph seems to be accurate. But then again, we didn't need A/C in the 70's like we do today.
Today, this exact same geographic location, is like Biloxi Mississippi. Way too hot, and way too humid.
Also, A/C has become, since the 70's much cheaper to manufacture. Many townhouses that were new, and had A/C in each unit, are now old and falling apart and being given over to low income housing.
All these things make the graph that shows the "households with A/C", appear in a different light. In other words, the graph, while it may be accurate...means nothing when taken out of all these other contexts.
But it damn sure comes in handy for a politician who wants folks to think that things are just getting so much better.
Our methods of getting food, appliances, houses, etc., to the consumer are 100's of times better, just in my lifetime. It should be far cheaper to accomplish these things these days. It isn't, and that's including: "allowing for inflation".
/e Maybe there's an easier way to make my poinht.
In 1965 a brand new Mustang with all the frills, was 2000 - 2300 USD.
Find a couple inflation calculators and take the average. How many 2017 dollars would say... 2300 1965 dollars be?
THEN, see if you could buy a 2017 tricked out Mustang with those 2017 dollars.
THEN you will know how the economy is really doing.
This post was edited by Ghot on Aug 5 2017 08:36pm