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US Living Standards in Grave Danger

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US Living Standards in Grave Danger
A customer passes by the brewery section at an H-E-B grocery store in Austin, Texas, on March 2, 2023. Brandon Bell/Getty Images
Jeffrey A. Tucker
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Commentary

“Inflation cooled, lower than expected,” reads the financial press on the statement of the Consumer Price Index (CPI) for July. One only needs to look carefully: when month-to-month changes are down, those alone get the headline. When they are up, as they are in July, the headline focuses on the 12-month trend. Every time.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]
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