Summary: Everything from eggs and car rentals to a night out at a restaurant is significantly more expensive than before the pandemic. The average family is spending about $700 more per month on the same goods and services relative to two years ago, according to Moody’s Analytics. So what does that have to do with Ronald Reagan you ask? Well, he was devoted to the idea that with government out of the way, the quality of life for Americans can improve. So 40 years ago, he delivered a radio address on the quality of life in America, which you’ll agree, is significantly different from today. And in the second part of this podcast, we’ll listen to a gem of a radio address, entitled “Looking out a Window” when he ponders a bit about life.
