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It's not your imagination. Your disposable income, adjusted for inflation, is not what it used to be, and it's not buying what it used to buy. And yet, many households have managed to maintain their standard of living just fine. ....
Comparing the current U.S. economy, with its painful rate of inflation, to the 1970s has morphed into something of a spectator sport. But is it a fair comparison? Are we headed toward a costly recession?Joe Santos joins us now as we visit "That 70s Show" macroeconomic style. ....