Durable Goods as a Marker of Progress

Post #670

In this prior installment, I mentioned how a more accurate measure of inflation would let you see how destructive government intervention has become — highlighting the need for regular people to more-steadily demand economic freedom from elected politicians, instead of just going-along-to-get-along while the USA loses freedom.

Durable goods last at least 3 years, and they are a marker of wealth growth (people who grow wealthy begin to consume more durable goods than the poor). Notice that, in the government-created recession of 2008 (the “Great Recession”) average ownership of durable goods dropped back to the level seen in 1973:

To reverse the destruction of wealth from the interventionist policies, we need less “antidisestablishmentarianism” (less going along to get along, more demanding of free enterprise).