Actually, I called out someone for RUNNIG AWAY whenever they spew opinionated nonsense and are then asked to explain themselves with facts.
As for my interaction with you on this thread.. everything I mentioned regarding the point I was making regarding the OP is extremely common knowledge. Are people still buying new cars? Yep! Are they at inflated prices? Yep! Are people still paying huge amounts of money to attend football, basketball, baseball, and hockey games or concerts? Yep! Common knowledge found literally EVERYWHERE. Do you simply need me to show you data that people have bought new cars this year?? It's not like I am trying to argue the point that people are buying more 1988 Chevy Camaros in the color Red after the month of September!
No, I want you to observe that car sales are down, and have been falling for a few years now. It's irrelevant that SOME sales are happening. It's significant that there are fewer of them. "Common knowledge" aside, I've already cited data showing the decreases.
I don't see entertainment outlets as any indication of the strength of the economy, either. For one, like cigarettes and booze, some people will make any sacrifice to do their entertainment. For another, it MIGHT make sense if ticket sales were not finite. If a stadium tends to sell out for a sporting event decade after decade, it doesn't demonstrate lowered demand because you can only sell so many tickets. It just shows that enough demand continues to exist for the amount of tickets able to be sold.
Does that make sense? Let's say there's a hundred tickets for a game, and they sell out. If there were a million seats, could you sell them all? Maybe not, but you may have a strongly established demand for that one hundred seats. So the next year, when inflation hits, those thousand seats could still fill up - but "demand" might only be for half a million seats.
All we know is within say, the area around FedEx field, there's enough fans to fill that stadium. If my rich friend with season tickets for everything is any indicator, there's easily enough rich people to either go or sell off cheaply the games they're gonna miss.
What I do see is indicative of how inflation hits households, is how much households have on hand to pay their bills. And THAT has been measured. And THAT has been getting visibly worse.
So screw "football" as an indicator of prosperity - I haven't been to one in twenty years. This is not "anecdote" - it's comparing it to going to the grocery store or the department store, something I do every DAY.
) I only know of two from perhaps a couple of hundred family, friends and co-workers that have purchased a new vehicle in the last two years. One of them, someone who normally trades every couple years was griping he was priced out.
