This is what 2% PCE inflation ceiling and IOR get us, and this is only a smattering of documentary evidence available.

I chose the bottom 3 because they are set in and around Riverside, CA, where I grew up. The park and tent city are not but 10 miles from where I used to live, with the park being down the street from where I used to work. I ate my lunch in the park on nice days, and I can attest that it was not like that. I have never seen such a mass of hopelessness.

Advertisements