How many times have you heard this coming from some politician? In this blog, I will explain why this is a trick question. If you have been reading some of my past blogs, then you know that I look a little deeper into most things and use the technical side of most arguments. and this one is ho different. To look at data you often need to transform it in some way so that you can look at it honestly. Some times that means normalizing the data if it is a situation where you are comparing apples to oranges. You know that you can not do that directly. If you were in a boat looking at the shore, you would have to take into account that the boat is moving or the river is moving in one direction or the other. Looking at data is no different, Now the title of this blog.
It is the oldest statement in the book to ask people if they are better off today than they were some time before. It sounds on the surface like it is a good question. If you look at it directly in most cases you are better off so you give a positive answer. But if you look a little deeper you see that it is a trick question and for one thing, you are a year older. Now what normally happens when you age one year? If you have been saving even one dollar, you will have more savings this year than last.. Your kids will be a little bigger and because you have gained some new skills, you got a raise in pay. Do people take all that into account? I don't thinks and that is why it is a trick question.
If on the other hand you are worse off. then things must have gotten double bad and that is what has happened with Biden. He has double killed the quality of life here in the USA. That is right he has "double killed" the economy. I tried to explain more of Biden's negative impact in prior blogs that you can read.
