I heard a caller to Rush Limbaugh try to explain that to him, and how it’s an unaccounted for factor in inflation. Rush kept telling the caller it wasn’t that big a factor and didn’t matter. I wanted to scream at him. It obviously IS a factor, has been going on for years, and most certainly does drive up the per unit price of any product. It is stunning that a man as knowledgeable about economics as he absolutely is would not know or realize that.
He's so far out of touch when it comes to living in the U.S. middle class I just want to scream too.