28 June, 2013

Perception > Reality, seen in Erickson vs Krugman

The Truthiness Is Out There - NYTimes.com: Not everything is academic or chartable and sometimes the accuracy of the chart isn’t as real to people as the perception they have that their grocery store bills are getting more expensive though their shopping habits haven’t changed.



Seriously, Paul’s point is correct, but it is an issue of perception of people versus the reality of his chart. He can certainly go tell people milk prices haven’t gone up, but good luck getting them to believe him.

Notice, by the way, the implication that I don’t appreciate the problems real people (who don’t eat quiche or ride the Acela) are facing; actually, I do, but those problems are lack of jobs and stagnant wages, not rising prices. And if you want to solve problems, getting the nature of those problems right matters.

But then, only elitists want to solve problems; true men of the people just vent, and what matters is perception, not truth.