The 2010 $80 billion is a first 3 quarters number too. I'm objecting to the media's obsession with using the persistent march of inflation to constantly write headlines about record this or record that.
I'm agnostic to whether this is some important or stark economic indicator. But I think the media should write articles that use rates not absolute values when they choose to write these articles.
I'm agnostic to whether this is some important or stark economic indicator. But I think the media should write articles that use rates not absolute values when they choose to write these articles.