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Stefan Grossman's avatar

It hinges on what "down" means in a practical sense. Your graph shows it all: Yes, homicides are "down" in 2024, in the sense that the graph is trending downward, but the number of homicides is still much higher than 8-10 years ago. Similarly, a while ago the Biden administration touted that inflation had "declined"; yes, for one month, after 15 months of increasing!

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Ralph L's avatar

We talk about rates, but crime is cumulative. The bodies pile up until they’ve passed from living memory. Who forgets being raped, beaten, or robbed?

Likewise, inflation adds up until there’s some rare deflation. Most wages might catch up eventually, but you'll still notice it decades later when you have to pay tax on gains from inflation.

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