John Stossel is on a constant mission to tell Millennials and Zoomers that they’ve got it way better than their parents ever did. Stossel breathlessly tells us in an October 1 Reason magazine article, "Today, Americans actually spend a smaller percentage of our money on food, clothing, and housing than we used to, according to Bureau of Labor Statistics survey data.” Well, that is how it’s supposed to be under a free market economy. But is our economy a free market? And are young people spending less? It depends a lot on how you slice the data. Every aspect of the Facebook post above, which...
















