For example, universities and hospital bills have shot up way more than inflation, just huge.
You'd think that would lead to more competition and lower prices, but no way.
Where are this inexpensive accredited universities that charge half the price? Where are the new hospitals that charge half the price?
The only thing that actually goes down are real wages. Companies will gladly pay a lot for real estate, inventory, whatever, but not the employees. Minimum wage in 1979 was $2.35, which is $8.84 in today's dollars. The minimum federal wage now is $7.25.
From the 1930's to 1985, the top tax bracket was 70-90% taxes. The rich get richer. Bill Gates, Jeff Bezos, Sergy Brinn and Larry Page, Tim Cook, Larry Ellison, and the rest of the immoral patrol.