|
Year
|
Real
Per capita consumption
|
Minus
Health Care
|
|
1950
|
7,634
|
|
|
1960
|
8,685
|
|
|
1970
|
12,078
|
11,112
|
|
1980
|
14,864
|
|
|
1990
|
19,158
|
|
|
2000
|
23,899
|
|
|
2005
|
26,491
|
22,252
|
Evaluating the free market by comparing it to the alternatives (We don't need more regulations, We don't need more price controls, No Socialism in the courtroom, Hey, White House, leave us all alone)
Saturday, December 6, 2014
Real U. S. Per Capita Consumption Doubled From 1970-2005, Even After Taking Health Care Into Account
This is a chart I show in my micro class. I think it is based on 2000 $s (that is, it uses the price level from the year 2000).
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.